Broken Down Trend on EICU?

I was staring EICU all day and finally pulled the trigger at the end of day. With today's jump, I believe the down trend of this stock is broken and it is important that it keeps moving up in the next few days in order to establish a new up trend. While valuation remains expensive, it is important to point out that it has approximately $3.7 cash on its balance sheet, without any debt, and free cash flow positive. If we take the cash out, its valuation become much more reasonable (about 17X of my 07 EPS estimate). Management must continue to deliver its growth and margin improvement in the next few quarters.

My position in NTB.V was stopped out this afternoon.

Positions: Long EICU, Neutral NTB.V