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UNT Blue Skies

Nothing came up on my ascending triangle scan this weekend. UNT came up, but it’s not really an ascending triangle.

UNT_blue_skies_12_12_05.GIF

It is seeing blue skies though, as it has broken out of a triple top chart pattern. $56 is now a strong support.



3 Responses to “UNT Blue Skies”


By stock jock on December 11th, 2005 at 6:34 pm

great pick!

have you seen the PEG ratio and debt/equity on this stock?

Both of them are abysmally low — furthermore, UNT has very healthy margins.

In other words, this stock is under-rated and bound to edge higher. The only worry I have is that triple top you pointed out — nevertheless, it’s not everyday you see stocks break out like that. That’s a good sign.

A bunch of analysts just raised their estimates in UNT, too.

Just wait until Wall Street wakes up.

By Anonymous on December 12th, 2005 at 12:16 pm

Why is this not an ascending triangle?

By JWU on December 17th, 2005 at 4:13 pm

hmm… well i guess you can call it an ascending triangle

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