Monday, November 22, 2010

RES

As I wrote previously I think this stock could double in 12 months, its in the right industry given the inflation thats coming. The stock pulled back big time last week as GS put it on sell list. The stock is up 139% since June and its all due to improvement in earnings. The past of stock price appreciation should slow but I see no blow off top here as yet, and the trend is my friend (for now). If it goes below that support line then I'm out until I see 23.50. 

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