I saw this chart on an Internet forum today, posted after the close on 11 July, with the following comment:
"SILC has closed at the top of the day, marking the downtrend resistance line. All it needs now is to break it up close up there. The volume is above average today. Good thing."
The analyst WR Hambrecht sees the price tarket at USD 25.00, based on 24x their 2008 EPS estimate of $1.05
SILC will announce earnings on Monday morning, 23 July. While it is generally considered risky to hold a stock through earnings, this may be an exception. For the time being, I place a limit sell order at USD 25.00
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