Feb
13
EFII: Electronics For Imaging, Inc.
February 13, 2008 | Leave a Comment
Quick and Dirty: EFI is showing the same cup and handle as e*trade setup. The price action looks nice, RSI is bastardly beautiful and MACD is trending upwards but i have to say, the Slow STO is ugly as hell. I would suggest watching what happens on this one as the signal on the STO says EFI is over bought.
The cross through the 20 day EMA is nice, but will it be enough?
PATIENTLY wait and see if EFII can move upwards across $15.28. If it can, then ride it up as high as possible with a trailing stop loss of a few percentage points.
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