This Stock Sits on Decade Long Support and Analysts Don’t Like It

2013-02-20 · by Brandon J. Ferro · in Companies, Equities, Sentiment, Technical Analysis

What stock is this?

The last time it hit the support line in the chart below rallies of 3.5x and 2.3x quickly ensued.

We find the set-up similar to the one in HHS which we originally posted about here and followed up on here.

As a bonus, analysts have completely given up hope on this one, just like they have in front of other big rallies, but even more so this time with 60% of the coverage “hold” rated.

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