Long
ARC (W) LONG
ARC Document Solutions, Inc. (formerly American Reprographics Company) is a publicly traded company that provides specialized document solutions, with an emphasis on the non-residential segment of the architecture, engineering and construction ("AEC") industry. The company is headquartered in San Ramon, CA,
The company provides onsite managed print services (MPS), archiving and information management (AIM), construction document and information management (CDIM), as well as the sale of technology applications to support these services to more than 90,000 customers. The company operates approximately 170 service centers throughout North America, provides its equipment and services onsite in more than 10,000 customer locations, and services its large enterprise customers with a corporate sales force called Global Solutions
Technicals:
Inverse Head and Shoulders (IHNS) observed.
A pullback may set in around 2.11 before pushing towards take profit levels
Entry Price: $1.73 or below, close to neckline
Take Profit:
1) IHNS - $2.5 - $2.53
2) Resistance: $3.04 (closer to Book value per share = $3.43)
At least 40% Profits if idea crystallize
Good Luck in Trading
Do give us a like if you like our idea.
The company provides onsite managed print services (MPS), archiving and information management (AIM), construction document and information management (CDIM), as well as the sale of technology applications to support these services to more than 90,000 customers. The company operates approximately 170 service centers throughout North America, provides its equipment and services onsite in more than 10,000 customer locations, and services its large enterprise customers with a corporate sales force called Global Solutions
Technicals:
Inverse Head and Shoulders (IHNS) observed.
A pullback may set in around 2.11 before pushing towards take profit levels
Entry Price: $1.73 or below, close to neckline
Take Profit:
1) IHNS - $2.5 - $2.53
2) Resistance: $3.04 (closer to Book value per share = $3.43)
At least 40% Profits if idea crystallize
Good Luck in Trading
Do give us a like if you like our idea.
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