AI
Saturday, November 06, 2010 2:21:34 PM
Should definitely see movement this week as the company will report 1Q 11 on Thursday 11/11 AMC.
Analyst Estimates:
Revs Avg. Estimate: 26.25M
EPS Current Estimate: 0.06 (revised down 33% from 7 days ago @ .09)
(for comparison, 4Q Numbers were EPS .16 on Revs of 33.1)
Upward movement post earnings report assumes company will at least meet estimates and word guidance in a more positive fashion.
Volume hovers around a Float Turnover Ratio of 1 (current 8MA = 0.94) taken from adjusted Float numbers according to finviz.com (yahoo reporting lower)
Chart has been/is currently in a tight Bollinger Band (I term bollie-chute) and has moved into upper band the last 2 sessions. On a Pincher Setup, RSI 14 finally peeked above the 30 line on Friday as well as the ADX 14 appearing to make a more significant move to the down-side.
Possible entry on Monday (duly noting a preferred cap to entry size @ no greater than 1% avg volume) on a movement above $5.74 resistance w/ 1st Profit tgt of $6.40
Analyst Estimates:
Revs Avg. Estimate: 26.25M
EPS Current Estimate: 0.06 (revised down 33% from 7 days ago @ .09)
(for comparison, 4Q Numbers were EPS .16 on Revs of 33.1)
Upward movement post earnings report assumes company will at least meet estimates and word guidance in a more positive fashion.
Volume hovers around a Float Turnover Ratio of 1 (current 8MA = 0.94) taken from adjusted Float numbers according to finviz.com (yahoo reporting lower)
Chart has been/is currently in a tight Bollinger Band (I term bollie-chute) and has moved into upper band the last 2 sessions. On a Pincher Setup, RSI 14 finally peeked above the 30 line on Friday as well as the ADX 14 appearing to make a more significant move to the down-side.
Possible entry on Monday (duly noting a preferred cap to entry size @ no greater than 1% avg volume) on a movement above $5.74 resistance w/ 1st Profit tgt of $6.40
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