AGIL
Agile software has one clear signal working for it; a moving average crossover (the clearest signal there is). The only resistance this $57.25 stock has is the one it set Tuesday, at 58-3/8. So it may be at its peak. Past that, the next resistance is at 69. (+20%)
Monday's news:
bigcharts.com
>>Agile Software Corporation is a leading supplier of business-to-business collaborative manufacturing commerce solutions. Agile products enable supply chain partners to communicate and collaborate over the Internet about new or changing product content, and then source and procure the required components. Customers include Agilent Technologies, Dell Computer, GE Medical Systems, Hewlett-Packard, Lucent Technologies, Philips, SCI Systems, Texas Instruments and others. For more information, call 408-975-3900, or visit Agile at agilesoft.com .<<
May 30th, they signed another multimillion deal with Flextronics.
With +$8m in gross revenues and nearing profitability, according to the 5/24 earnings statement, they should take out the target assigned. Support exists at 48, but if you buy at the current price, stops at $53.25 will keep any potential loss to 7%
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