Tuesday, November 07, 2006
After the close 11-07-2006...
Once again, barchart had plenty of candidates but removing those with light volume, negative earnings, and high institutional ownership left one, at it is one I just mentioned. A second chance?
ESI: Good growing revs, net income, eps, NO debt, declining share count, okay chart (seen a nice 3 yr run), slightly high inst. ownership (77%). Look for entry of $67.50 a place of support/resistence including the thrust low last week that caught my eye. Upside target is $71.00 although the upside:downside is not great, but a break above $71 would send the technicians buying.
Happy Trading,
Masterjaz out
ESI: Good growing revs, net income, eps, NO debt, declining share count, okay chart (seen a nice 3 yr run), slightly high inst. ownership (77%). Look for entry of $67.50 a place of support/resistence including the thrust low last week that caught my eye. Upside target is $71.00 although the upside:downside is not great, but a break above $71 would send the technicians buying.
Happy Trading,
Masterjaz out
# posted by Masterjaz Out @ 8:25 PM 
