Always bet on the Jockey not the horse as Buffet says.... This founder and management has proven itself through the worst conditions.
EDU popped out of a coil on Wednesday and followed-through on Thursday and headed up to a triple-top and backed off. It closed with a move up of 1.68, or 4%, to 44.39, on 6.1 million shares traded. Here’s the key. Keep an eye on this one going forward. If it gets above 46 1/4, I’m looking for 50 and 57 as the next targets.
This ride back up has just begun. $50 by next week $New Oriental Education & Technology(EDU)$
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