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10 pts

Opinion on  TV Azteca S.A. de C.V. (TZA)
Market Technicals are Bearish!

Jan 14, 2009 04:00 PM GMT
0_vader
Return Risk
+1.12% LOW
Principal

If the S&P 500 closes below 850 on Wednesday, Jan 14, 2009 then we stand a pretty good chance of testing the November 20, 2008 closing low of 752.44.  All the major indices have broken down technically.  They all could fall a further 5-10% from today's levels.


TZA:  This call was made on 01/14/09 @ $60.17
Rating:   Positive   $60.17 (01/14/09)
Closed:   01/20/2009 @ $60.8399 (+1.11% in 6 days)
Target:   $70.00 (+16.34%) in One month


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0_vader
Darth Vader   77%     1 point   commented 318 days ago reply

If the S&P 500 closes below 850 on Wednesday, Jan 14, 2009 then we stand a pretty good chance of testing the November 20, 2008 closing low of 752.44. All the major indices have broken down technically. They all could fall a further 5-10% from today's levels.


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1 21.10 +34.25% 381
2 18.14 +72.34% 210
3 17.66 +25.65% 55
4 13.47 +14.32% 61
5 12.13 +76.91% 39


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