I rarely change a call but Accuray is cause for concern. Poor management is major, a quick google and glass doors reveals a lot about the management. All the employees say, great products but bad management, passionate employees but bad management. Alarm bells! The company hasn't turned a profit despite growing revenue, so I remain undecided, not an investment for...
Major Longterm accumulation, either we break out or just fall off the exchange. This is a great buy in my opinion. I should say long to neutral because a re-test of the lows is not out of the question.
Strong fundamental coming from the options market, there is a short article on Yahoo Finance on this matter that anyone can access.
However, technical has support for the week @ $6.99 with the next support level @ $6.50 interesting enough rejection around $5.99 started an ascending channel (if preferred bullish channel) that makes me think $7.70 is not far from...
