Tsafi

[tsafi]

Wow wha we…. the man that came from dead still working hard (:
Nice to see you Allen(by the way I never told you this but your name in Hebrew slang meaning HEY in Hebrew )
I think it’s a strong company and I am a fan of company that using any kind of water distribution.
Base on EPS this should hit 110 this year; also it’s a nice play base on support/resistant. For short term I guess you hit the buzz on the reversal buy pattern.
But base on the green candles this stock are more in to the swing and lass on the trend unless you want to play long and hold $90 can be a good entry with tied stops.
Also look for the MACD cross will give you more confirm, but why I am telling you all this TA stuff you know all this (:
If you play it fast you need the money and play 3%-2% and get out as I say this stock don’t holf more then 3-4 days before you see a red candle
Stay cool man and see you next year when you will log in again (:
Tsafi