Technical Analysis Day Trading Setups: 5/30/08

To receive real time stock alerts for all of our stock please test out our 14 day FREE Trial !!

???? has been in a strong short term trend following the 13ema/9ma very nicely with another decent move today on increased volume breaking out from its 2 week consolidation pattern suggesting more upside movement from here. ???? forward earnings estimates suggest a fair value share price of 8.75 when compared to the average earnings multiple of this stocks industry. We went long at 4.02 Friday.

21.png

blog comments powered by Disqus