Churned a lot of volume this week without making meaningful price progress above prior resistance in the $17 area, a sign it has been encountering distributional pressure. Prior mid-day reports noted - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
Perched near its 52-week high today after rallying above prior resistance in the $17 area last week. The 3 prior mid-day reports noted - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
Gapped up and hit another new 52-week high today after rallying above prior resistance in the $17 area and closing strong yesterday. The 2 prior mid-day reports noted - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
Gapped up today and touched a new 52-week high while confronting prior resistance in the $17 area. The 2/23/11 mid-day report noted - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
Gapped up today and nearly challenged its 52-week high that defines prior resistance in the $17 area before pulling back. Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system.