Sell VECO, NOW!!!
I like Veeco Instruments, not to be confused with the infamous one , formerly located in Anchorage, Alaska and currently owned by CH2M Hill.
No this Veeco Instruments makes MOVAD or the machine that makes Light Emitting Diodes or LEDs. I have no problem with the company, its financial statements or is future. The chart however suggests a head and shoulders pattern is coming to a close with risks to $40 a share and most likely to test the $35 area.
I will buy a little at $40, but if it does fall $35 or below I will be seriously adding to my position.
No this Veeco Instruments makes MOVAD or the machine that makes Light Emitting Diodes or LEDs. I have no problem with the company, its financial statements or is future. The chart however suggests a head and shoulders pattern is coming to a close with risks to $40 a share and most likely to test the $35 area.
I will buy a little at $40, but if it does fall $35 or below I will be seriously adding to my position.
Posted by Bradley Fluetsch at 1/9/2011 4:00 PM 
Categories: Speculation
Tags: VECO Light Emitting Diodes LED China CREE energy stock equity profit
Categories: Speculation
Tags: VECO Light Emitting Diodes LED China CREE energy stock equity profit
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