Wednesday, August 24, 2011

$HANS - Hansen Softdrinks, Bullish Inverse Head and Shoulders

I'm looking for this stock to pull back and test the neckline then go higher. RSI is not over bought. I see little standing in the way of this stock going much higher (technical target of $95) if the market continues to perform well. If the market does not perform well this stock could still be a great buy at lower price.

Performance over the past year compared to Coke, Pepsi and Dr. Pepper. Hansen's has outperformed its competition by over 64%.

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