This is what I like to see from an analyst, a very clear message as to whether a stock is showing positive or negative:
The stock has a negative, but improving technical profile. Intermediate trend is down. The stock trades below its 50 and 200 day moving averages. Strength relative to the S&P 500 Index has been negative since last October. On the other hand, the stock has bounced back during the past two weeks and is testing its 50 and 200 day moving averages and its short term momentum indicators are trending higher.
Thanks, dude.
( taken from Financial Post RSS feed, Don Vialoux )
( photo courtesy flickr Creative Commons / Julian Stallabrass )
