Technical Eye-Candy: MC Shipping (MCX)

Hey folks,

Just wanted to recommend a stock pick for tomm and the rest of next week (maybe even longer). It is a nice stock that I have kept an eye on- MC Shipping (MCX) on the AMEX

MC Shipping (MCX - AMEX) Current Price = $14.78

I know, what you are thinking: It's chart is looking really good and I couldn't agree more. Just a note, although this stock is capable of hitting 20 and higher, I have to stress profit taking. When you have made a decent profit at least sell some of your position. Because stocks such as MCX have a nasty way of going down at high velocity as well.