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Long Play Updates

Intl. Flavor & Fragrance - IFF - cls: 42.12 chg: -0.30 stop: 41.75

It's not looking good for IFF. The stock penetrated what should be support near $42.00 more than once today. The low was $41.92. Today's close under the 10-dma is bearish. I would wait for a new bounce over $43.00 or $43.70 before considering new bullish positions. Our target is $46.85. The Point & Figure chart is bullish with a $60 target.

Picked on September 22 at $43.25 *triggered 9/22
Change since picked: - 1.13
Earnings Date 10/30/08 (unconfirmed)
Average Daily Volume: 693 thousand
 

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