In today’s Daily Alert, Investors Intelligence Editor John Gray recommends a company that makes equipment used in high-tech manufacturing of things like LEDs, hard-disk drives and photovoltaics. For information on how to read the point and figure chart supporting the recommendation, visit the Investors Intelligence website.
“Buy Idea: The price chart for Veeco Instruments, Inc. (VECO $35 Nasdaq) shows a nice break of trendline resistance. Test of 2012 high of $38 expected.”
- Michael Burke and John Gray, Investors Intelligence, March 18, 2013