Thursday, February 8, 2007


Anyone heard of Omniture? Sounds like a furniture store for trendy people from Germany who wear black clothes and say "touch my monkey", doesn't?

Well apparently not. This web analytics company has been busting out of a sideways slump since last October after it went public last July and has not looked back. Looks like we need a pullback for a possible long entry.

Earnings just came out and looks like the uphill trend might be slightly altered. We'll see how traders react tomorrow.

Keep an eye on this one going forward for a possible rising bull or sleeping bear.

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