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Tuesday, March 22, 2005

GRU, INCX, AIRT, ANTP

GRU&INCX:
  • I expect GRU and INCX to outperform in the coming days followed by ASKJ's buyout news. GRU has formed this bullish triangle chart pattern after it gapped up in the morning and filled the gap before the close. Although it closed near low today, it does make a higher high and a higher low. My suggestion is to accumulate at this level and buy more if it drops to 18.5-19. I'm looking at mid 30s as my short-term target for GRU once it clears 22.5 and break out this bullish triangle. I'm also interested in buying INCX if it can break 12.5 .
  • http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=gru&sid=0&o_symb=gru&freq=1&time=6

AIRT:

  • Watch out for a possible break out tomorrow once it goes above 17.25.

ANTP:

Good luck and trade well tomorrow!

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