My short term strategy will be, like you, to sell again into a SH induced strength, unless some additional "material" orders or licensing deal materialize. Longer term, I would still be looking at reentry at the then prevalent support, or at breakout to new highs. Due to the very strong support (and new highs) in the recent slump, I have increased my target to the $65 to $70 area, but that is more in a frame work of 6 to 9 months. Any disappointment coupled with a weal market could get the stock back to the mid 20' IMHO. A big disappointment, such as less than 80% overall yields (which I believe is currently price in the stock), or lack of visibility of sales rate of $75 MM plus within the next 12 months, could get it back into the major area of resistance in the $15 to $17 area. All, my opinion , of course.
But, for now, I see no clouds on the horizons, and overextension could be remedied with short term retrenchments to the $31 to $33 area.
Zeev
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