General Stock Ideas

[gfp927z]

SC, The TIS chart looks like it could be ready to start recovering. After the big drop in May, it has formed a bullish inverted head + shoulders and is looking poised to recover. The near term target is the 50 MA (15.85 and falling, so figure 15).

The company will have to show some signs that their business has stabilized in the next several quarters, but it looks like a high percentage bottom play imo. That said, if the next quarterly results/guidance disappoint, it might still need to test support at 10 (currently price is 13.2, down from the March/April highs of mid-high 20s).