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Tuesday, September 27, 2011

TiVo, Inc. (TIVO)i

TiVo, Inc. (TIVO)i:

Much to ask for here at TiVO.
$11 so far has been the line in the sand.
A resistance line that has worked well for many a bear so far.
But will this time be any different ??

Working on a Wave 5 bullish structure here with the zig-zag breakdown in prices
from $11.25 to $9.75 a complete Wave 4 which bisects the Wave 3 at 50% Fib level.

If Wave 4 then bisects the entire 5 waves by half,
then a price target of $12.50 is projected for TIVO.







via StockCharts.com

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