Thursday, June 23, 2011

L-3 Communications - Barchart Chart of the Day

Barchart.coms Chart of the Day - L-3 Communications (LLL)
Related Stocks
LLL - L-3 Communications Holdings
Sym Last Chg Pct
LLL 86.21 +3.83 +4.65%
The "Chart of the Day" is L-3 Communications (LLL), which showed up on Wednesday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. L-3 on Wednesday rallied by 4.65% and posted a new 13-month high. A rally above Wednesday's high of $87.68 would be a particularly bullish technical development. L-3 rallied on Wednesday on a WSJ story that L-3 may attract buyout interest from private equity investors. In addition, Relational Investors on Wednesday confirmed that it has a 5.98% stake in L-3. L-3 Communications, with a market cap of $8.7 billion, provides secure, high data rate communication systems, microwave components, avionics and ocean systems and telemetry, instrumentation and space products. L-3's products are used to connect a variety of airborne, space, ground-and sea-based communication systems.

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How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.
Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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