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Strategies & Market Trends : Charts on Near Term Uotrends

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To: littlebitmoore2 who wrote (1112)6/11/2009 11:59:59 AM
From: Jibacoa  Read Replies (2) of 1404
 
Re: FEED

Have to watch it closely. It could come down to close the gap below $6.50 <g>

bigcharts.marketwatch.com

They cancelled the $10M repurchase plan they had announced last Yr. and although it had triple digit improvements on revenues and earnings on the 1stQ, Thomson's EE for 2009 are down around $0.40 vs. $0.71 in 2008 and for 2010 EE are around $0.55 Of course, those estimates are bound to change.<g>

On a longer term basis, it could come to test resistance at the $10 level, but there are many stocks with better % potential gains around. <g>

bigcharts.marketwatch.com

Bernard
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