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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (14863)1/27/2006 3:00:53 PM
From: Jibacoa  Read Replies (1) of 23958
 
You didn't answer the question. How about now? Do you like it now?

I mentioned that it needed to close above the Sep.8 Sep.9 double top at 5.10 and that there was some resistance at the Aug.2 H of 5.45

It traded as high as 5.49 this morning where it had an intraday double top (10.33 & 10.34AM) It tested support at 5.15 at 2.19PM from where it had an upgap on low volume and is trading at 5.21 at present with volume so far 232,700 ahead of its daily average.

It seems that today it will be able to close above the Sept. resistance of 5.10 but may not be able to close above the August H.<g>

The 4thQ earnings probably will be better than the $0.18/shr it had in 2004 and as we mentioned the revenues have been improving after the acquisition of AP Republic in July.

It has potential to test the Dec.2004 -Jan.2005 resistance around the 8.75 level.<g>

bigcharts.marketwatch.com
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