3PAR (PAR) : New 52 Week High

Wonderful on 3PAR’s price today. It broke through the consolidated trading range of 10.70 and 11.70 and reach as high as 12.80 today in the early trading hours. http://stockcharts.com/h-sc/ui?s=PAR&p=D&b=5&g=0&id=p83358004014

Gildead (GILD) : Profit rises a higher-than-expected 21 percent

A little belated news. Gilead Science (GILD), reported on April 22, that their first quarter profit rose 21 percent due mainly to increase sales of its drugs for treating AIDS. Source: http://finance.yahoo.com/news/Gilead-profit-rises-a-rb-14997225.html?.v=1 Today, we can also see GILD at play due to the Mexican Swine flu. On the Ichimoku chart, it has just break out… Continue reading Gildead (GILD) : Profit rises a higher-than-expected 21 percent

PAR : Will it breakout of the kumo?

3Par is on my watchlist and currently there may be a chance that it will breakout of the kumo resistant. Take a look at the chart: http://stockcharts.com/h-sc/ui?s=PAR&p=D&b=5&g=0&id=p30320495238 A clear breakout at around $7.60 is what I am looking for. Preferably, this should be accompanied by good quarterly results. Apart from this, I am also thinking… Continue reading PAR : Will it breakout of the kumo?