Buy early in day. Earnings will be reported at EOD and have out performed estimates for the previous three quarters of the year.
Seen as a very good deal by various investors. 1-year trends show reasonable support around the $96.00 price point. This support plus the recent buyout suggests a fair price target of $96.50 within 2-3 weeks' time. www.cnbc.com
Since 2012, this stock consistently has a pattern of spiking downward after an uphill rally creating large spreads of gains going short. There is not any fear that I have that this stock will rally upward any farther before it hits my 6.60 target as it has proven to be very volatile and is already facing a downward candlestick today.
From March 2016, whenever EXC hit $34.70, there has been a rally to > 35.10, because of the momentum, it is fair to say that this will rally to $35.15 making this a gain of >1.3% within 2 day's time.
5-month tendency to rally to 6.90-7.00 within 2 weeks. This constant trend is backed up by the upward facing candlestick today
This may be a seemingly meager spread, but it's a sure thing that has already been agreed upon and has nowhere to go but up.
Another Acquisition. Let's see if it hits it's acquisition value.
In both March and April of 2016, CENX has hit the 8.00 mark to later jump to 8.50 within 2 week's time. It is my estimate -based on these previous rallies and the upward momentum as of late that it will once again rally to this 8.50 price point. Be aware that I take this to be a short-term trade as within 1-2 week's time I expect it to fall at or below a 7.00...