1. What are the two key mistakes beginners make in reading trends?  2. Which “key” chart pattern reveals a top or bottom is near?
3. What are the most reliable chart patterns? 
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Aug
08
2007
Cisco (CSCO) & Middleby (MIDD) Breakout On Earnings

Posted By Tate Dwinnell |  Subscribe in a reader | Comment 0

Today’s Growth Stock Big Earnings Movers: 

UP

• Cisco (CSCO) Networking & Communication Devices, fundamental rank [27/30],  up 7%, broke out from short flat base to new multi year high (all time high is 44)

• Middleby (MIDD) Diversified Machinery, fundamental rank [25/30],  up 6%, briefly broke out from a cup with no handle base to new all  time high

DOWN

• Allis Chalmers (ALY) Diversified Machinery, fundamental rank [26/30],  down 6%, still has support of 200 day moving average; a retest of this support area might offer a good entry for the long term holder in my opinion

Filed under Company Earnings by Tate Dwinnell

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