BALDOR ELECTRIC
Monthly chart shows uptrend remains intact. Price is well above all key moving averages.
Weekly chart shows price closing above all key moving averages.
Daily chart shows buyers coming out in force on Friday with a gap open, and a strong move up to close near its highs for the day. Upside targets are: $43.40ish, $45 and then $46.70.
Sunday, October 07, 2007
BEZ Analysis for 10.07.2007
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