Edac Technologies Corp. Message Board

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argyle46a argyle46a • Dec 26, 2007 11:17 AM Flag

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Next step $11.00
*** 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.

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- avdaugust avdaugust • Dec 26, 2007 11:42 AM Flag
  
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  don't get ahead of your self. the market will contine to
  
  dip as profit taking and year end adjustments. I would count
  
  on seeing the stock trade in the low 9's before we see any
  
  sharpe upside. propspects are excellent for edac but the
  
  activity is still low with price swings with no trend. I
  
  would continue to be careful here.