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S&P 500: 1,337.74 Change: -1.03%
Tradeking1
P&P Score: 28.61 | Points: 0.00 | Accuracy: 27.27 | Average Pick Score: 0.00   Annual Return: N/A  
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Commentary
BUY: ROBBINS & MYERS INC (RBN) Rating: 2
Start Price: $68.00
Points: -17.18
Created: 12/20/2007
The stock has pulled back from its recent 52-week high of 77.14 set on December 12th, to yesterday's closing price of 67.82. The shares are currently trading at 67.32, over 2.00 below their 50 DMA of 69.56. You can see on the chart below there have been four pullbacks in the last several months, and we are currently experiencing a fifth. You could draw a straight line across the bottoms of these pullbacks to identify the bottom of this channel. Each of these pullbacks was buyable, and would have resulted in multi-point gains in a matter of a days, with the largest being a 20.00 run in October.

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