Monday, October 25, 2010

101025 BUY NIV @ 2.85 after breakout

101025 BUY NIV @ 2.85 after breakout, STOP @ 2.67, 1st TARGET @ 3.0, 2nd TARGET @ 3.5

NIV looks very attractive at stock2own, with a moderate MOS value of 16.16, all growth  rates in the green, no debt, and a low PE compared to its Industry/Sector. I was waiting for a technical entry point, which happened today by breaking above 2.75 on increasing volume. Targets are 3.0, 3,5 and 4.0.

 



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