[CANSLIM] UOPX


From: swingkid104@attbi.com
Subject: [CANSLIM] UOPX
Date: Fri, 13 Jun 2003 17:43:34 +0000

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Hey - 

Just wondering what ya'll thought of UOPX.  It's breaking out today (despite 
the rest of the ugly market), on heavy volume.  I'm not sure what kind of base 
this is.  I'm not sure if it's a flat base, or a double bottom, though it'd 
probably be a stretch to classify it as either.  Whatever it is, it's been 
bouncing around within a fairly tight trading range for the past 13 weeks, and 
is just now breaking above it.  I could also see this as a base on base 
formation.  I see a cup with a short handle from 1/7 to it's breakout on 3/19, 
it advanced a little bit, and got stuck in another rut - of which it is just 
now breaking out of.

The fundies look pretty good.  It got a 15.23 / 18 on the canslim evaluator, 
and it's industry is ranked 3 / 197 by IBD.

Thoughts are always appreciated!

Chris

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