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

To: Jibacoa who wrote (1202)	8/10/2009 11:29:42 AM
From: Jibacoa	Read Replies (1) \| Respond to of 1404

ELON is up >37 % after news of an agreement with DUK to supply its NES smart metering service.<g> finance.yahoo.com The stock opened with an UG and is still trading above its Oct-Aug Hs as it tries to test the resistance from Sep2008 at the $12 level. bigcharts.marketwatch.com The stock has resistance from the $12 to the $15 level and it may close some of today's UG or test support at the $9.45 level before trying to deal with that resistance.<g> But if it can do that and with some favorable news, it could get to test the $18 to $20 level. <g> bigcharts.marketwatch.com However, ELON has 3 consecutive Qs of lower revenues and persistent losses. The EL for 2009 is around $0.95 vs. $0.28 last Yr.,so it seems that it will need much better news.<g> Bernard

To: Jibacoa who wrote (1202)	9/9/2009 9:54:04 AM
From: Jibacoa	Read Replies (1) \| Respond to of 1404

FUQUI is trading above $30. Did I mention that it could get to the $30 or $35 level ? It seems my memory is getting worse as I keep getting older.<g> bigcharts.marketwatch.com A comment from IBD is helping the stock. <g> "Jewelry: China's government expects 10% more couples,nearly two million people, to marry this year.Chinese jewelry sales jumped 20% in the first half of 2009. Fuqi, a maker of high-end gold, platinum, diamond rings and other items, is clearly benefiting." Bernard