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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Sergio H who wrote (942)3/31/2006 9:59:10 PM
From: Jibacoa  Read Replies (1) of 1404
 
AERTA came in with a nice earnings report AH.

Sergio,

The actual earnings were 0.01/shr in spite of much better revenues. At firts glance, earnings were $4.56M, but actually earnings were only $570,206 ($3,989,794 was the difference between $4.6M in "valuation allowance reversal" & $610,206 reserve for" an adverse jury verdict" )

The stock went over its 50dEMA. The question now is if it will be able to close above the resistance from $2 to $2.33 It needs to do that in order to retest its Jan.18H at 2.56

bigcharts.marketwatch.com

RAGL

Bernard
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