Dutch company trading on US markets with an RSI of 17…
Can it bounce like VECO did this morning?
- There is no obvious support level, despite being heavily oversold (see chart below)
- We’re not at all confident about the general market
- What happened?
- Does the somewhat (10% max) lower 2011 guidance warrants a 50% haircut, well…
- Perhaps we have to wait until after options expiry
- The vision of a fan
- And another (much better) one
- And it has to be said, the financial position of the company is very strong
- See here for much more detail