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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1179)7/20/2009 6:03:04 PM
From: Jibacoa  Read Replies (1) of 1404
 
LPTH has continued doing well.

bigcharts.marketwatch.com

OPLK has closed the Jun22 DG but is facing resistance at the $13.10 level and is not doing wll AHs. Volume remains low.<g>

bigcharts.marketwatch.com

If it can get to close above its Jun19 H of $13.25 it seems that it can continue its near term UT as it has plenty of room to run.<g>

bigcharts.marketwatch.com

On June 22 was when an 'analyst' downgraded it from 'buy' to 'neutral.

OPLK has >$7 in chs/shr, no significant LTD +CF of 4.92M & FCF of 12.79M, but it has 4 consecutive Qs of lower R&E and the pending 4thQ results aren't expected to show any improvement. It has been on a near term UT in spite of it.<g>

Bernard
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