CNWI Stockpalooza's pick Monday June 22, 2009

[kingrichards]

We would like to bring your attention to our latest pick in CNWI. Cardiac Network, Inc. (CNWI) is a medical technology company providing cardiac monitoring and diagnostic services to general practitioners and specialist physicians, for the investigation of patients with abnormal cardiac rhythm and function. The service uses unique transtelephonic
(by telephone) cardiac recorders that monitor and provide diagnostic information to physicians and their patients. Cardiac Network also offers its services and advanced mobile technology to individuals which help them quickly determine if they are having potential cardiac problems so that they can obtain immediately needed medical treatment. Learn more about Cardiac Network Inc. by visiting, www.cardiacnetwork.net (http://www.cardiacnetwork.net) and the HeartOne Club at www.heartoneclub.com (http://www.heartoneclub.com)

[kingrichards]

* Built in Cellular Speakerphone. PERS devices enable voice calls to be made to numbers stored in speed dialing buttons (e.g. a relative or a doctor) or to be received from any caller or from the remote monitoring center.
* GPS Location and Tracking. The PERS monitor enables accurate location of users in need. If the geofencing feature is used, in the event that the person wearing the device wanders outside a specified zone (e.g. neighborhood or school area), the system can alert the monitoring center and/or a relative or caregiver.Technically speaking CNWI has just broken its weekly 50 moving average line which is a very bullish cross and could now be ready to test resistance at .45 to .65 ranges ahead. We have support at .20 .17 and .11 below. Another bullish indicator for CNWI is its MACD line which is now showing a positive divergence and a bullish cross from the macd black line and its red signal line. Also, looking at the Aroon indicator you can see how the green line has now crossed upward and the red line has pressed downward, both of which are great “buy signals” for us chartists. See the chart below for all the details.

If your portfolio has been bleeding red lately, then bring it back to life with CNWI! Good luck and happy trading.