narballs
Registered: Dec 2005
Posts: 67 |
11-06-09 07:42 PM
ERTS earnings also... but here are some techincals i like thanks to flyonthewall
On better than expected news/outlook the stock could trade to the upper limit of the very short-term bullish price channel at $19.02. On a bullish breakout above the price channel the following resistance levels would become upside objectives: $19.50, $19.84, $20.14, $20.47, $20.88, $21.22, $21.75, $22.13, $22.53. BEARISH CASE: On worse than expected news/outlook the stock could trade to the lower limit of the price channel at $18.02. On a bearish breakdown below the price channel the following support levels would become downside objectives: $17.63, $17.31, $16.97, $16.70, $16.44, $16.06, $15.72, $15.19, $14.88.
|
