"The PIMO stock chart has moved off a bottom of 40 cents that was struck early in 2012 and climbed as high as $1.25 last month. The stock price has settled back down to close yesterday and 76 cents, making a higher low as the MACD and RSI continue on upward paths signaling strength of trend and momentum. Primary resistance doesn’t enter the chart until another climb to $1.00 with a first level of support at 75 cents."
The stock also reacted to yesterday's anniuncement by PIMO:
Premier Alliance Group is a leading provider of business and technology advisory and consulting services. Practice areas of expertise encompass Governance, Risk & Compliance (GRC), Business Performance & Technology, and Finance & Accounting as we assist clients with Risk Management, Compliance, Mergers & Acquisitions, Organizational Effectiveness, Project/Program Management, Information Management, Architecture and Software Development. Premier’s Greenhouse division is a leading provider of energy efficiency and sustainable facilities solutions. The division designs, engineers and installs solutions and technologies that enable its clients to reduce their energy costs and carbon footprint. Its target markets for energy efficiency solutions include government and military, as well as commercial, residential and industrial markets. In addition, the division develops, designs and constructs rapidly deployable, sustainable facilities primarily for use in disaster relief and security in austere regions. Premier Alliance Group is headquartered in Charlotte, NC. For more information, please visit www.premieralliance.com.