Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Paul Senior who wrote (1063)	2/20/2009 12:07:32 PM
From: Jibacoa	Read Replies (1) of 1404

FUQI keeps reporting nice gains on revenues and earnings. I also have it on my WL.:>) The pending 4thQ results are still expected to be OK. According to Thomson, the EE for 2008 and 2009 are $1.20 and $1.50 respectively, vs. $0.46 in 2007 and $0.29 in 2006.<g> But today it opened with a DG on a one minute volume of 42,852 Today's L,so far, of $4.50 seems important, since it is the same as the Feb5 L, the Feb12 L of $4.51 and the Feb18 intra-day double bottom at 9:30AM and 3:30PM The stock is down 45% from its January H. But it has a higher % potential gain from present levels than AIRT, although it doesn't pay any dividends.<g> However, there is again no rush to buy it until it gives a "buy signal".:>) The "target" in Yahoo is around $11, but if it just can get back to the Jan Hs, it will be a good % gain.<g> finance.yahoo.com Bernard

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