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Trading below both its 20-day EMA and 200DMA, but above the 50DMA, IIG has an ROE = 32% and PSR = 0.70. PE is a very low 6.4. Is this a value stock or is it seling this cheap for a reason? We'll know in the fullness of time....<g>
I think I mentioned this one last week. Retraced 38.2% of the rise between the Nov. low and the Dec. high and took off on Thursday. If the Dec. high gets taken out on a closing basis I'm looking for an extension move up to 5.
Damn! The %A/D is a very strong 58.8%. The %A/D Velocity is only 7.2% (very puzzling) so I'll be watching to see if this improves over the next day or so. Failure to do so will be a big bearish divergence with price.
Nice continuation after Friday's big breakout move. It made a stochastic pop on 1/4 and 1/6; SPs are usually good for a 25% - 50% move within 4 - 6 weeks and IIIN has already moved about 18% in less than two weeks.
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