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i have 2 better ones than HAUP

 
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ninner



Joined: 17 Feb 2006
Posts: 167

PostPosted: Sun Aug 13, 2006 6:15 pm    Post subject: i have 2 better ones than HAUP Reply with quote

that actually looks almost like a giant shooting star...a gap down monday will be an easy read for me....what do u guys think of URBN and BMHC...little profit taking on friday for URBN but still looks good esp if it can break the 50 day barrier.
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mesa613



Joined: 12 Jan 2006
Posts: 78

PostPosted: Sun Aug 13, 2006 8:51 pm    Post subject: Reply with quote

The weekly charts on both those two look interesting.

I'll add URBN to my watchlist. If it can stay above the 20 day ma ($14.90ish) things might get interesting. As you implied though, the 50 dma is probably the first target.

Did BMHC break its downtrend? It looks like the body of that last candle is right at the upper limit of the current trend or just above it but I can't tell as I'm having some techinical difficulties at the moment Evil or Very Mad so I'm just eyeballing my screen.
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Scooter



Joined: 02 Jul 2006
Posts: 98

PostPosted: Sun Aug 13, 2006 10:17 pm    Post subject: Reply with quote

BMHC must be flying high on a rumor (buyout possibility?) or insider info because its rise didn't correlate with any earnings news or press releases. I would be cautious about going long on anything related to the building industry right now. It's in the dumps. Long term I think this stock has to continue the downtrend it has been on since late '05.

I would expect a little more profit taking during the early part of the week from URBN -- that was a huge jump on Thursday. Definitely one to keep an eye on for a possible entry point.

Scooter
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