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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Paul Senior who wrote (1316)2/12/2010 3:50:22 PM
From: Jibacoa  Read Replies (1) of 1404
 
I don't have any FUQI at present, but I am ready to buy some probably on Monday.<g>

The stock is down 1.35% at present. Volume is low around 1/3 its ADV

bigcharts.marketwatch.com

FUQUI has 4Qs of better revenues and earnings and the EE for 2009 and 2010 are around $2.25 and $2.26 vs. the $1.32 in 2008
(Of course they are expecting a slow down in its fast pace of improvements in 2010 <g>)

The ACTAY is $29.33 but, my more conservative target, is for it to retest the Nov 9 H at $25.74 which would be a 53% gain from present levels.<g>

bigcharts.marketwatch.com

Bernard
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