20 milestone crossed next is 26.
And it is only 3c above the buy point from a strong short flag pattern
For example, NQ MobileNQ,
which was featured in Wednesday’s
Spotlight Analysis, broke out
ofahigh, tight flagThursdaybutremains
in a buy zone. The stock
cleared a 20.08 buy point as it rose
1.96, or 11%, to 20.11. Volume was
morethan double its usual pace.
The high, tight flag is a rare pattern.
It forms after a four-to-eightweek
rise of 100% to 120%, which
is why valuation-oriented investors
are afraid to touch it. However,
in “How to Make Money in
Stocks,” IBD chairman and
founder William J. O’Neil wrote,
“This is the strongest of patterns,
but it’s also very risky.”
Headded that, “Many stocks can
skyrocket 200% or more off this
EPS 99 RS 99 check its chart and decide for yourself.
EPS 99, RS 99 will make a big splash on this weekend go check it out.
PLus its highest rating of 99, 99, 99. EPS 99, RS 99, is rare combination before a Friday close.
Target 60 in 3 months by year end.
This is a sure bet now.
This one is a real takeover target.
Needham & Company analyst Kerry Rice boosted his price target on Buy-rated Yelp (NYSE: YELP) from $52 to $78 after hosted a group investor meeting with CFO Rob Krolik. The firm came away from the meeting feeling confident in the company's execution plan.
"We believe the market opportunity open to Yelp is very substantial and that the company is only in early innings of executing on its road-map. While valuation remains steep, we believe it is justified given the potential for top-of-the-class growth for years to come."
Items highlighted include: New services and partnerships provide major opportunities; Call to Action provides rich data and could enable new pricing scheme; CPC offering growing rapidly; SeatMe complementary to OpenTable offering
For an analyst ratings summary and ratings history on Yelp click here. For more ratings news on Yelp click here.
Shares of Yelp closed at $65.92 yesterday, with a 52 week range of $16.32-$66.24.
Copyright 2013, Street Insider News Provided by Acquire Media Corporation
General Motors plans to more than double the range of the typical electric vehicle—while also sharply driving down the cost, according to a senior official.
But with mounting concerns about the slow consumer response to the first wave of battery electric vehicles, Doug Parks, GM's global product development chief, cautioned The Associated Press that it was not yet sure if or when such a vehicle—projected to cost just $30,000—would ever go into production.
Today all negatives are factored in with bad accelaration complaint and negative citron report.