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McAfee

Espaço dedicado a todo o tipo de troca de impressões sobre os mercados financeiros e ao que possa condicionar o desempenho dos mesmos.

por Alfred E. Neuman » 5/10/2004 11:56

4 Outubro 2004
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McAfee

por Alfred E. Neuman » 15/9/2004 13:38

Related to SYMC is McAfee. This stock can get to 30 quickly if it can plow through 21. Right now is a good time to stick a toe in the water.

It is making a stab toward breaking out to a new 52-week high and trading in sync with SYMC. The charts have similar patterns over the last year. SYMC is the stronger stock of the two yet both can be owned as part of a basket.

They led nicely last year and are still leading the tech space in 2004. MFE is currently up 30 percent this year and 35 percent year over year. The stock has performed quite nicely since bottoming out at the end of July. So the advance has reemerged. A close above 20 and the stock could fly. The 21 range is key and a 50 percent return is doable -- and that could happen within a few months. The odds are pointing in that direction. I invite you to examine the chart of MFE
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