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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (15264)4/10/2002 5:47:59 AM
From: lee kramer  Read Replies (3) | Respond to of 26752
 
Chris: WABC intriguing...strong sector recently. The weekly chart is in a nice uptrend and consolidating for the past 5 weeks subsequent to the move up from 33 to 43. Thew daily chart also looks ok. The break out from the consolidation is above 43.66. Try not to anticipate the break out, wait for it to happen, if happen it does. Looking at a few numbers a see a dividend yield of 2.04%, and EPS growth rate of 17%, an ROE of 25.7%. With a float of 30.4m, it will not take much volume to move this stock. One way to play this stock is via a buy-stop, perhaps at 43.75... Thanks for the alert....Lee