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AngioDynamics Inc. Message Board

  • scib2 scib2 Dec 13, 2005 8:27 AM Flag

    i see a W formation on ANGO

    looks good...

    top left of W end of sep
    bottom of left W mid oct
    mid-point of W beg of november
    bottom right W beginning december

    buy signal at 24!

    currently consolidating... we need increasing volume to start a new uptrend.

    based on the fact that earnings are next week and expected blow out we will see new highs. my target is 200% upside within 6 months.

    why it did not take off yet?
    because there is still some sceptisim due to moderate growth in the past 2 quarters...

    therefore we need a strong report to make this stock move otherwise this W formation will fail to give desired results for the longs.

    good luck longs

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