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
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
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?