BITA is having a pocket pivot after a strong earnings report but appears to be stalling somewhat. In such cases, it can be worthwhile to wait to see if it can muster strength so it finishes in the top 1/3 of its trading range, assuming the market is flat or up for the day. Of course, it's always important to keep the market in context so if the market were to weaken and close lower, a midbar close in BITA could turn out be a sign of strength. Earnings continue to surge ahead, group rank 34.
PPR - BITA 11/14/14
| Published: | 14 Nov 2014 15:40 ET |
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