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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (20115)11/7/2006 11:18:37 AM
From: Jibacoa  Read Replies (1) of 23958
 
Looking at the one year chart,the overhead gap filled, and the price went up a little higher, but then dropped. This is the same overhead resistance now.

The April 6 2004 down gap was from 4.37 to 3.80

On June 30 this Yr. it had a spike to 3.41 on volume of 4,106,000 but the price slipped back to 2.65 by Jul.27<g>

The recent upmove started on Aug.15 from the 2.88 level & nearest resistance is now at 4.06 with the more important one at 4.65 <g>

The last 3Qs have been of losses vs. previous + results & EL for 2006 is around $0,07/shr vs. $0.11/shr on the black in 2005 but it is expected that it can be back on the black column in 2007 & it still has a + CF <g>

At any rate, the LTC remains "interesting".<g>

bigcharts.marketwatch.com
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