Call Help Lines
954-785-1121

>>> UPGRADE YOUR MEMBERSHIP NOW AND GET IT ALL - CLICK HERE
Financial Firm Consolidating After Getting Extended From Latest Base
Monday, March 29, 2010   CANSLIM.net
 

Ezcorp Inc (EZPW +$0.30 or +1.43% to $21.22) is a high-ranked Finance - Consumer/Commercial Loans firm that is now quietly consolidating well above its 50-day moving average (DMA) line and its recent chart low ($19.73 on 3/16/10) which define near-term support above prior chart highs.  It is extended from its latest sound base of support. As previously noted, "Since it managed to top its 2008 all-time high, no resistance remains due to overhead supply, but disciplined investors avoid chasing extended stocks trading more than +5% above prior chart highs." 

EZPW was featured in yellow with new pivot point and may buy levels noted in the 2/19/10 mid-day report (read here). It followed a negative reversal on 2/19/10 with a considerable gain on the very next session (2/22/10) with twice average volume triggering a technical buy signal.  By the evening of 2/24/10 its color code was changed to green as it had rallied above its "max buy" level.  This previously featured stock was dropped from the Featured Stocks list on 10/09/08, yet it continued to show strong sales and earnings growth (solid fundamentals). Earnings per share increases have shown acceleration along with greater than +25% sales revenues increases in the latest quarterly comparisons (good C criteria) versus the year earlier, and a great annual earnings history (good A criteria).  

About : Kenneth J. Gruneisen - Passed the CAN SLIMĀ® Master's Exam
Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.


Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.
You can contact Kenneth J. Gruneisen - Passed the CAN SLIMĀ® Master's Exam at kengruneisen@gmail.com

 
The information and writings made avaialable by individuals that successfully passed the  CAN SLIM® Masters Program are their own.  Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties. 


Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us