FYIOn Tuesday, the company reported earnings and although they were not sterling, the outlook is favorable. The CEO says he expects a modest increase in sales with a 20% rise in net income in the year 2000. A return to sales growth would please investors and restore optimism in the company's future outlook. To begin that process, Tupperware recently launched an e-commerce feature on its website, and started a re-engineering program expected to boost operating profits significantly by the end of next year.
Maybe that's the reason the chart pattern has begun to reversefor the better.