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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (46776)6/10/2011 1:22:02 AM
From: Johnny Canuck  Respond to of 70281
 
CBOU bouncing in sympathy with JVA earnings today. Both show up on the value screen with uptrend.

The chart looks damaged in comparison to JVA. More volume and a follow through day tomorrow is required to confirm a reversal of the down trend.




q-q sales and q-q eps would suggest decent earning and sales momentum. The data in the scan software might be wrong though. Check the 10-k and 10-qs to confirm before taking an position.