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  • bc_1111 bc_1111 Jan 26, 1998 6:59 PM Flag

    HWP trading tip for this week

    What are you basing your estimate on? HWP usually dips a little prior to earnings, then picks up just before. Since they are likely to meet earnings expectations, you would be better off holding it till after its post earnings runup. Further, the Telechart 2000 balance of power indicator shows no distribution that would cause a sizable dip. It might drift to $59-$60, but only on the current broader market weakness. Ignore any short term dip and hang on for the runup to $70.

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13.91+0.01(+0.07%)Oct 26 4:02 PMEDT