October 06, 2009
– Comments (1) |
RELATED TICKERS: TEN
TEN, at $13.54 today, will be at $17.47 or higher in 45 days or less (29% minimum return in 45 days or less).
You seem pretty sure of your methodology. I don't need to know your "secret sauce", but is this purely from a technical/charts perspective, or are you taking into account fundamental factors as well?
As for my take on TEN, from a fundamental perspective I think it is tremendously overvalued. From a technical perspective, it has consistently been hitting lower highs and lower lows since early August.