Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (915)	2/2/2006 1:04:36 PM
From: Jibacoa	Read Replies (2) of 1404

INVX is starting an upmove today. It almost completely closed its Jan.12 upgap. bigcharts.marketwatch.com It has reported better revenues for the last 4Qs (albeit not on a sequential basis <g>) & it has trimmed its loss in the last 2Qs. The pending 2Qs are expected to show a better comparison since the company is expected to close the 2006 fiscal Yr. in Sept. on the black column (It has reported losses for the 1st 2Qs and on the previous Yr. the loss in the last 2Qs was substantially higher than on the first 2Qs.) There is considerable resistance from the $5 to the $6 level.<g> bigcharts.marketwatch.com But from a longer perspective the R/R looks OK at present levels.<g> bigcharts.marketwatch.com

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