FOUR
Hi Marty,
I'm new to your service. I enjoy your videos with your straight forward delivery.
I've been a MarketSmith subscriber for about 1 year and I'm beginning to get the the process. Maybe I'm a slow learner . . .
I've owned FOUR on and off for a couple of years. Today, I see it has, what I judge to be a consolidation with a ~ $76 buy point. The company has good fundamentals, growth in sales and EPS.
Am I reading this right?
Thanks,
Larry
Larry,
Welcome aboard!
Marketsmith is changing its name to Marketsurge on March 4. It is a great tool for screening stocks!
You are right on the money!
This stock should have been on the ready/watch list for this week!
FOUR has been consolidating in a stage two base for 36 weeks with the $76.40 buy point. It advanced higher today due to the reports of overtures from more than one suitor. I am not sure if FOUR is interested in a. buyout. But, that would put a floor under that stock in the short term. The weekly chart looks great! Congratulations!
Regards,
Marty