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Message: NENG

NENG

posted on Apr 19, 2010 03:56PM

looks to close at a new 52 week high.....I wouldn't be suprised to see some gapping occur since my target if it gets there is 3.20-3.25........so being in an ob extreme cond it has to get there fast......now it may not go there of course....but on eght and neng there has been alot of talk about cost savings, ip, cloud computing etc....also big acc....soooo we\ll see. If a large retrace takes place after this run I will be looking to buy back in as ment. since rev. ramp projections are large in neng. They report in 10 days...so this is either a sell the news senariobeing this ob...or a major break momo coming....the 2.85 is the last res. before 3.20 and it seems it will close at that res.......so a gap or mini shake next session...oops as I type it breaks thru res.

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