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Lenovo

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Views: 507
Posts: 7
 
Legend
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Joined: Oct, 2002
Posts: 54701
Posted: #1

$21 and change today. They are aquiring things to enhance their computer business (IBM servers & motorola). They already have their foot in the computer door, and they can cut operating costs of these other companies by slashing the majority of its current personnel and reassigning duties to current employees....

 

Double in 2 years? Thoughts?

 
Prospect
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Joined: Feb, 2014
Posts: 69
Posted: #2
I like it better below 8. In a current downtrend and has a history of dipping below the 200 day moving average and then moving higher. Good one to watch a little longer I think.
 
Prospect
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Joined: Feb, 2014
Posts: 69
Posted: #3
Stochastics aren't washed out quite yet either. It's close but should be a good one just over 21
 
Legend
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Joined: Oct, 2002
Posts: 54701
Posted: #4
Quote Originally Posted by Ragu71:

I like it better below 8. In a current downtrend and has a history of dipping below the 200 day moving average and then moving higher. Good one to watch a little longer I think.
You think it drops that low?
 
Prospect
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Joined: Feb, 2014
Posts: 69
Posted: #5
Not particularly sexy but watch the gold mining stocks. ABX and EGO in particular. They've formed a base and may see a slight pullback here but the uptrend is back in play
 
Prospect
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Joined: Feb, 2014
Posts: 69
Posted: #6

Quote Originally Posted by TRAIN69:

You think it drops that low?

Yeah. Just be patient a little longer. Stochastics show a little more of a drop. You could just go in now if you really like it and not play it for a small drop. I'd wait though

 

 
 
Prospect
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Joined: Feb, 2014
Posts: 69
Posted: #7

Quote Originally Posted by TRAIN69:

You think it drops that low?

 

Sorry man, meant below 21. Not below 8. Not sure how that typo happened.

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