Stocks: AUO, GLW
These stocks make up the best of the flat panal LCD market play. They each have 4 quarters of explosive growth in revenue and EPS (GLW less explosive because of the size and type of their overall business). As we get closer to the deadline of all HD tv signals at the end of this year it appears these stocks are going to make a run. The long term weekly charts of both are classics, perfect cup with handles. Both have volume breakouts on the daily charts with positive EPS announcements. All systems go, we need to own a full position in AUO (S/D n/a because ADR) now. GLW has a 41 s/d rating and so doesn't fit my rules but Dad has no such rules and will give us exposure.
Thursday, May 1, 2008
Time 2:35
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