Sun, May 19, 2013, 8:33 AM EDT - U.S. Markets closed
*** Based on short-term charts ***EDAC spiked 10% on Monday. There will be 3-4 days of consolidation to $10.30 before another spike to $11.00-$11.50.Possible new multi-year highs starting next week.*** Base on longer-term charts ***Technically, EDAC has suddenly become VERY strong.
don't get ahead of your self. the market will contine todip as profit taking and year end adjustments. I would counton seeing the stock trade in the low 9's before we see anysharpe upside. propspects are excellent for edac but the activity is still low with price swings with no trend. Iwould continue to be careful here.