Stock Chart Analysis LDSH

Posted by downtowntrader | 8/06/2007 09:25:00 PM | 0 comments »

Stock Chart Analysis LDSH

Ladish Co., Inc. (Public, NASDAQ:LDSH)

LDSH is a stock that has shown very good strength recently following its earnings report. It had a very long consolidation prior to this move and it looks like the next leg up is just beginning. It appears that this is a fairly volatile stock so there may be some headfakes along the way. I also can't rule out the possibility that it retraces back to the $45 area before truly moving out, but overall this looks like a very promising setup.

Good Trading,


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