More AXCA info
From the Yahoo! message board but the author of this info had some good info.
It formed a near-perfect 3-month cup with a 2-week handle breaking out on june 18 with 6 times average daily volume. Reaffirming the following day by closing in the upper half of its trading range on nearly 4 times its average daily volume. it has been in an upward sloping pattern ever since.
Its last run carried it from a low of $12.05 to $20.80; a 72% increase. no reason to think it cannot see $28-29 on this run.
Big money doesn't often get it wrong. institutions are buying this thing up.
companywise revenue has been up every quarter.
the future is bright.(click on: Axcan Pharma - June 2004)
0 Comments:
Post a Comment
<< Home