Hedgehog University Long Stock Profile
The Hedgehog University(HHU) is re-opening at the Hedgehog. I will
be posting the HHU weekly market commentary in the newsletter and
building out a Hedgehog University section on the web site.
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I2 Technologies, Inc. (Nasdaq: ITWO - $13.00)
This is a software stock in the Dow Jones US Industry Index.
Looking at the group, we can see that the group has reached a level
where it could find support based on the level it pivoted on in August
2007. [The August 2007 pivots stand out in a whole lot of technical
analysis charts] If the group does not find support here, then we look
for support at the March low of 2007.
As for the stock itself, we are looking at the following:
1) A triple bottom.
2) A cross of both of our moving averages on January 25, 2008
3) A formation in the oscillator which would be in sync with a move
above the moving averages.
4) A target of $15 by February 15, 2008.
If you look at our proprietary moving averages, you can see that when
both averages are crossed, there is an excellent chance of a trend
change. In October this occurred and an ascent commenced. In
November this occurred and a descent commenced. In January this
occurred and it broke down because of the mixed general market
signals. However, both moving averages are giving the 'poised to move
up' signal. We will cover this at HHU in the coming weeks in our
training course.
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We will use accepted methods of fundamental and technical analysis in
our explanations. Investing in securities carries with it a certain
degree of risk. Neither the Hedgehog Website, nor any of its'
principals or employees can be held accountable for any losses or
gains made by any person following our methodology. We attempt to
provide the information in good spirit to be used in whatever manner
the reader sees fit to do so. We use graphs provided by
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