Rotary Engineering is currently trading within a Up Trend Channel after forming a “Higher High, Higher Low” pattern. The stock just rebounded from 61.8% FR level (also the neckline of Inverted Head and Shoulders) and clear the 200D SMA resistance. Price Target is about $0.60.
| Next Earnings Announcement | 02/28/2013 |
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Previous analysis on Rotary Engineering breakout.
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