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5N Plus Inc T.VNP

Alternate Symbol(s):  FPLSF

5N Plus Inc. is a global producer of specialty semiconductors and performance materials. The Company deploys a range of technologies to develop and manufacture its products. It operates through two segments: Specialty Semiconductors and Performance Materials. Operating in North America and Europe, the Specialty Semiconductors segment manufactures and sells products used in several applications, such as renewable energy, space satellites and imaging. Its end markets include photovoltaics (terrestrial and spatial solar energy), medical imaging, infrared imaging, optoelectronics, and advanced electronics. The Performance Materials segment operates in North America, Europe and Asia and manufactures and sells products that are used in several applications in pharmaceutical and healthcare, industrial, and extractive and catalytic. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial grade metals, alloys, and engineered powders.


TSX:VNP - Post by User

Bullboard Posts
Comment by tradethechartson Dec 04, 2012 9:39am
273 Views
Post# 20679545

RE: TA for VNP.

RE: TA for VNP.

I'd say 3:10 would be where it might find more resistance as there is a large gap down after the previous spike high (may). If it gets into this gap then we can look at 3.50 as a good target.  This is also the low in 2008 by the way.  I'll sell mine here and then look for another entry if it suggests it.  Problem with buying now is the stop is a fair way down which gives a win/loss ratio of less than 2:1 at the current price with a 3.50 target.  If you use a CBL as a stop though you'd be looking at 3:1 which isn't a bad bet.

Bullboard Posts