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Monday, May 07, 2007
In Play: ARAY
Hey guys,
This is a good time to pick up ARAY as a new position or as an add-on to a pre-existing position. I first mentioned ARAY as a buy when it bottomed out in the high 19-21 range.
EVVV is done as a long stock for now. The stock is currently in a downtrend and I wouldn't touch it even if you paid me. I mentioned EVVV a few months back when it began to look bullish. Unfortunatly, the stock double-topped in late April and broke down on its highest volume ever (the signal to get rid of the position). Looking at the signal, you could've sold at 19 without risking much of a loss. Anyways, there may be no analysis for EVVV at the time of my mention. I scan over hundreds of stock charts and make recommendations based on T.A. Sometimes I write a quick blurb about a stock and other times I write a little more indepth analysis. I may have simply forgotten or did not have the chance to provide any indepth analysis for EVVV.
The call on ARAY was right on the money, folks. I expect ARAY to continue to work on the right side of its base. I will add more to the position once ARAY forms a cup w/ handle.
Where is EVVV analysis as you mentioned on google finance discussion.
ReplyDeleteEVVV is done as a long stock for now. The stock is currently in a downtrend and I wouldn't touch it even if you paid me. I mentioned EVVV a few months back when it began to look bullish. Unfortunatly, the stock double-topped in late April and broke down on its highest volume ever (the signal to get rid of the position). Looking at the signal, you could've sold at 19 without risking much of a loss. Anyways, there may be no analysis for EVVV at the time of my mention. I scan over hundreds of stock charts and make recommendations based on T.A. Sometimes I write a quick blurb about a stock and other times I write a little more indepth analysis. I may have simply forgotten or did not have the chance to provide any indepth analysis for EVVV.
ReplyDeleteHope this helps....
The call on ARAY was right on the money, folks. I expect ARAY to continue to work on the right side of its base. I will add more to the position once ARAY forms a cup w/ handle.
ReplyDelete