Andre...
What makes you think TSN "failed to recover"?
This stock performed admirably today. The trading
chewed right up its tail all day long. I thought
it was rather majestic. The closing price was above
the uptrend line, clearly signifying that the market
is prepared to reject any price below it. I'm only
sorry I didn't buy the lots at 1.23 this morning, opting
for some other bargains out there instead.
Considering the fact that TSN just made a new 52-week
high, I think trading was taking a breather when the
market got walloped in the stomach by the Asian flu.
This has nothing to do with fundamentals. TSN will
resume its uptrend shortly.
Bid Ask
#Ord #Sh Price Price #Sh #Ord
1 1,500 1.51 1.55 2,000 1
4 7,800 1.50 1.58 6,800 3
1 700 1.46 1.60 7,700 3
3 17,700 1.45 1.65 7,000 2
4 7,500 1.40 1.67 12,500 2
I figure anything below 1.60 will be gone shortly.
WN |
