Looking at weekly chart of Blue Nile is like looking at large slide. The stock just keeps dropping. Technically it keeps rallying into sell-offs and then when you think it found support it just drops through the floor.
The numbers aren't much better for NILE. Its sales growth rate over the last 3 years has been pretty tepid at 6.5% range and earnings this quarter are down year of year 61% from last year. So with little fundementally good about the stock and the technicals pointing the same way its best to say that this stock one to avoid.
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NILE short: weak action, testing resistence which is also at the 200 days moving average
NILE: weakish sideways range for all year, and a then pretty bad May with an increase in volume. It just bounced back to test resistence which is also at the 200 days moving average.
NILE short: sell stop 49.55, stop loss 50.45, target 44.80
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National Health Partners, Inc. (NHPR)
Good health is very important for healthy activities, but unfortunately healthcare has gone very much expensive. Health care costs include doctor visits, hospital stays, surgery, procedures, tests, home care, and other treatments and services. Often two type of health insurance, discussed as under, are done.
ARRY, GRHU.OB, NLTX, PPWE.PK, EDGR, - CRWESelect.com Stock Report! Array BioPharma, GreenHouse Holdings, Nile Therapeutics
Array BioPharma, Inc. (NASDAQ:ARRY) announced that its Chief Executive Officer, Robert E. Conway, will speak at the Cowen and Company 31st Annual Health Care Conference in Boston. The public is welcome to participate in the conference through a webcast on the Array BioPharma website. Event: Cowen and Company 31st Annual Health Care Conference, Presenter: Robert E.