Monday, April 25, 2011

SAIC, Inc. (SAI)

SAIC, Inc. has been in a nice uptrend from the beginning of 2011.  This programming and software company for the US military and intelligence agencies reported a 25% increase in net income last year, and a 30% increase in EPS.  The 100 EMA just recently crossed the 200 EMA.  The pin-bar type price action today shows some support at the $17.00 level. If the recent April high is broken of $17.6, then we should see $18, and possible $20 by year end. 

via StockCharts.com
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