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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (1226)1/13/2010 2:39:36 PM
From: Jibacoa   of 1404
 
XRTX is up for 2nd day on a roll as it went through the resistance at the $15 level.<g>

The stock is up 10.89% with volume of > 1,957,900 close to 6x its ADV

bigcharts.marketwatch.com

It reported its 4thQ results yesterday after the market closed, with earnings of $0.26 vs. $0.02 in spite of 15% lower revenues.<g>

As previously mentioned, XRTX has NLTD and +CF (That's the kind that Paul likes <g>)

The stock is trading above the ACTAY of $14.40, but if the EE are correct ($1.05 in 2010 & $1.35 in 2011 vs.$0.04 in 2009) it seems the stock could get to the $20 level.<g>

bigcharts.marketwatch.com

Bernard
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