Yesterday I highlighted a cup with handle breakout in Iconix Brands (ICON) and today I’ve got another cup with handle breakout for you in PRGX. While this is an excellent looking base showing significant demand and profit opportunity it should be noted that it isn’t a high quality company like Iconix is. This is a trade and nothing more. I’ve initiated a small position in this myself and am looking for a quick 15 – 20% gain over the next couple weeks.
More on this topic
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Iconix (ICON): A GARP Stock
(College Analysts, 11/3/07)
PRGX: Profit from This Auditing Stock’s Brand-New Revenue Stream
(Penny Sleuth, 12/30/09)
Hedge Fund Jana Partners Files 13D on PRG-Schultz (PRGX) & 13G on Immucor (BLUD)
(market folly, 7/20/09)
(ICON) Iconix Brand Group Renews Three Licenses
(Stock Blog Hub, 12/9/09)
Filed under Stock Trade of the Day by Tate Dwinnell
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