on August 10, 2010 CREE gaped down a day after it announced its earnings for the quarter. After going down to 52 week low of $47.30, it went sideways for quite a few days before it started an uptrend. On December 13, 2010 it completed the cup and formed a handle in next few days. Currently it is trading at $67.96 after creating an engulfing bullish candle on December 22, 2010, and continued the bullish candle next day on December 23, 2010. Lets look at the daily candlestick chart of CREE. … [Read more...]
Stocks To Watch: Tuesday April 20, 2010
April 19, 2010 By Leave a Comment
AK Steel Holding Corporation (AKS): Market is expecting a profit of 25 cents a share for the quarter ended March 2010 a jump of 92 cents compared to its actual loss of 67 cents a share it posted in the same quarter a year ago. The company posted a loss of 43 cents a share in the quarter ended June 2009 about 8 cents or 15.7% better than markets expectation, posted a profit of 6 cents a share in the quarter ended September 2009 about 5 cents or 500% better than markets expectation, and posted a … [Read more...]
Stocks To Watch: Wednesday January 20, 2010
January 18, 2010 By 1 Comment
Cree, Inc., (CREE): Founded in 1987 and based in Durham, North Carolina, Cree Inc, develops and manufactures light emitting diode (LED) products, silicon carbide (SIC) and gallium nitride (GaN) material products, and power and radio frequency (RF) products. Market is expecting a profit of 30 cents a share for the quarter ended December 2009, a jump of 10 cents compared to its actual profit of 20 cents a share it posted in the same quarter a year ago. The company posted profit of 13 cents, 18 … [Read more...]
