Hi bp. Re INAP high tight flag. Yep, looks like it but I don't know what it means. My TA book is at the office where I should be. I got trapped here getting out of the RAMjitney this morning.
Don't know anything about INAP and unfortunately, no two sources of fundies have the same time frame. It looks like it has great growth potential, however, one place I just looked said that the price is 378 times sales...could be outdated.
Last week I would have jumped at it, but that RAMbus thingy is turning me into a Buffet and I don't mean Jimmy!
I don't like the chart. Oh, the technicals are all pointing up, RS, money inflow, etc., good. Passing through the 50 dma as we speak. If it breaches that hurdle, I would like to see it break through the mid-july high of 50 or so before I would like it. At that point we would have O'Neils cup and handle pivot point and, hopefully, liftoff.
Again, I don't know beans and have never followed the company.
Chart: askresearch.com
bp, please keep me posted. I would love to be wrong about this one.
Regards,
jj@nobeanobrainshere
PS Speakin o brains, PPRO is beatin against the bottom of 60 again...
PPS Intraday, INAP tech not too rosy, but it is in sync with much of the mkt....
askresearch.com
jj@backstreetbumsanalysis |
