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


To: littlebitmoore2 who wrote (1170)7/2/2009 12:35:33 PM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
Little,

As you know, TPI's first support is at $3.10 and its most important one at $3 level and resistance at its Jun 15 H of $3.50

bigcharts.marketwatch.com

If the pending 4thQ results (Jun) come out as expected, that would be another 100% better earnings on that Q as it had on the 3rdQ. As you may recall, the earnings on the 1st and 2nd Q were not good in spite of better revenues.<g>

The earnings for the 9Ms are $0.28 and the EE for the Yr. are $0.46 It they come out as projected, the 4thQ earnings should be $0.18 and that would be > 100% than the $0.08 it earned in 2008,which in turn was about 60% better than the $0.05 it earned in the 4thQ in 2007 <g>

Some people have said:"The earnings is what matters, stupid."

But you always have to keep in mind that the results don't always come out as expected. <g>

On a close above $3.50 the next resistance would be at the $3.80 to $3.85 level and the most important one at the $4 level

bigcharts.marketwatch.com

Bernard