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The stock chart below shows a recent stock that
we sent out
as a Stock Alert to our subscribers.
Feel free to share this report with others.
Cephalon Inc. (CEPH)
Support at the 50% Float Channel Line
On October 4th, 2004, CEPH made a float turnover at a bottom formation when it broke out above its float
turnover trading range. It then corrected right down
to its 50% float channel support line and found support there. On the morning of October 27th, we sent out
a Stock Alert. Seven days later CEPH was up 7%. It
still looks good for higher prices.
Study the Chart and the Graphics below it. It will help you understand the principles of Float Analysis.
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recognized as potential winners in the coming days and weeks.
These stocks
have recently made a particular "Float Turnover Formation" and have a high likelihood of profitability.
These formations are written about in Steve's book Float Analysis, Powerful Technical
Indicators Using Price and Volume (Wiley, 2002). (The book's former title was
The Precision Profit Float Indicator.) The stock
charts arrive in fast loading FloatChart format with commentary. In addition, you'll receive emailed stock alerts during the week
as situations arise.
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