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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (832)7/30/2005 12:57:26 AM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
TVIN Seems to have found support at the 3.96 level and appears to be getting ready to test its July 11- July 12 double top at 4.25

The stock was up 5.22% today and it closed at its intraday H of 4.23 with no gaps.<g> Volume of 244,492 was larger than yesterday, but not quite the 680,385 of July 20, which was also an upday.

It needs to close above 4.50 in order to start closing the downgap of May 3.

bigcharts.marketwatch.com

TVIN's revenues were up 3% on the 1st Q, but earnings were unchanged at $0.05/shr. The EE for 2005 are around $0.28/shr vs.$0.21/shr last yr. and for 2006 the EE are around $0.35/shr. TVIN doesn't have any significant LTD and has a + CF of $5.3M It manufactures systems for homeland security, hospitals, police and fire departments and the military.

The H on September was 6.71 and the stock still needs to close above the $5 level in order to get off from its longer term downtrend.<g>

bigcharts.marketwatch.com

Bernard