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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (919)2/3/2006 4:25:40 PM
From: Jibacoa  Read Replies (1) of 1404
 
BITS Also made a 52wks. H today. It traded at 5.87 at 1.25PM and closed at 5.60 which still was above its Dec.2004 H of 5.30

The stock never closed completely its Nov.8 upgap.That was the day when the volume expanded to 1,792,700 (Today's volume of 1,095,453 is the next highest since then.)

bigcharts.marketwatch.com

It seems the stock should be able to test its Oct.2003 H at 6.10 The Dec.2001 H at 7.50 & the March 2000 H at 16.50 look somewhat distant at present.<g>

bigcharts.marketwatch.com

BITS has reported better revenues in the last 8Qs & earnings have also improved in the last 4Qs.It has no significant LTD & the insiders hold more than 20%

Bernard
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