You get these charts at the site above....
Hal ...Warned on earnings a few days back....and Now look at it...Managed to crawl to the blue line or 20 day...This is where HAL fails...This is a strong short sell signal....
I call it the twenty fifty trap...
Hal is hopelessly, stuck in a stock market black hole of sorts...
Not enough news to creep above 20 day...and still needs to retest 50 day...
70/30 in my favor, the market chooses to retest 50 day, rather than risk higher than 20 day....
click ZEUS chart to enlarge..
Zeus is shortable.. eps getting nowhere...from 5 mo’s ago.. oct 3.27 ..nov 2.85.. mar07.. 3.08 .. mar 08 ..2.93...07/08 revenues flat...
$21 = (jan. low)... times 50% = 50% fibronacci..= $31.5....$31.5 met = = 80/20 in my favor, if I short Zues at this price...
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