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AFTER MARKET UPDATE - FRIDAY, AUGUST 11TH, 2017
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Indices NYSE Nasdaq
DOW  +14.31 21,858.32 +0.07% Volume 792,167,320 -8% Volume 1,794,614,348 -18%
NASDAQ +39.69 6,256.56 +0.64% Advancers 1,574 53% Advancers 1,444 52%
S&P 500 +3.11 2,441.32 +0.13% Decliners 1,386 47% Decliners 1,351 48%
Russell 2000 +1.69 1,374.23 +0.12% 52 Wk Highs 16   52 Wk Highs 27  
S&P 600 -0.32 831.01 -0.04% 52 Wk Lows 156   52 Wk Lows 125  

Leadership Elusive as Major Indices Halt Slide With Quiet Gains

For the week, the Dow was down 1.1%, the S&P 500 lost 1.4% and the Nasdaq Composite fell 1.5%. Stocks finished higher on Friday. The Dow was up 15 points to 21859. The S&P 500 added 3 points to 2441 and the Nasdaq Composite gained 39 points to 6256, but both are still below their respective 50-day moving average lines after Thursday's damaging losses. Friday's volume totals reported were lighter than the prior session totals on the NYSE and on the Nasdaq exchange, indicative of lackluster buying demand from large financial institutions. Breadth was mixed as advancers narrowly led decliners on both the NYSE and the Nasdaq exchange. Leadership thinned as only 8 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, down from the total of 16 on the prior session and down from 55 on Tuesday. New 52-week lows totals solidly outnumbered still shrinking new highs totals on both the NYSE and the Nasdaq exchange.
Charts used courtesy of www.stockcharts.com


PICTURED: The Dow Jones Industrial Average has been pulling back toward an upward trendline yet remains well above its 50-day moving average (DMA) line. The major averages' (M criteria) prior uptrend has come under pressure while leadership has quickly evaporated. 

Any sustainable rally requires market leadership (a large number of high-ranked stocks hitting new highs). In weak markets investors should raise cash and reduce exposure to stocks by selling individual issues on a case-by-case basis as they trigger technical sell signals.  ThFeatured Stocks Page provides the latest analysis on noteworthy high-ranked leaders.

The major averages snapped a four-day losing streak as investors digested a key update on the economy. Prior to the open, a gauge of inflation showed that consumer prices rose 0.1% in July, slightly below expectations of a 0.2% increase. The weaker-than-expected inflation data had investors speculating that the Federal Reserve may keep monetary policy lower for longer. On the geopolitical front, tensions between the U.S. and North Korea remained high and continued to pressure global markets.

Six of 11 sectors in the S&P 500 Index finished in negative territory. Yesterday’s hard hit Technology sector rebounded on the day and led advancers. Software led the sector as Microsoft (MSFT +1.53%) rose. Data storage company Seagate Technology (STX +2.35%) rose following an increased position taken by activist hedge fund ValueAct. Consumer Discretionary also outperformed with Amazon (AMZN +1.16%) and Chipotle Mexican Grill (CMG +1.17%) both rising. Snap Inc. (SNAP -14.09%) slumped on weaker-than-expected quarterly results.

Treasuries were higher with the benchmark 10-year gaining 2/32 to yield 2.19%. In commodities, NYMEX WTI crude ended up 0.3% to $48.78/barrel. COMEX gold gained 0.5% to $1296.50/ounce.

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.


Bank Index Violated 50-Day Average; Retail and Tech Indices Rose

On Friday the Bank Index ($BKX -0.65%) fell while the Broker/Dealer Index ($XBD +0.16%) eked out a small gain and the Retail Index ($RLX +0.83%) fared even better. giving the major indices a lift. The tech sector was led by the Biotechnology Index ($BTK +1.21%) while the Networking Index ($NWX +0.52%) and Semiconductor Index ($SOX +0.58%) both posted modest gains. The Oil Services Index ($OSX -0.38%) and the Integrated Oil Index ($XOI -0.45%) edged lower while the Gold & Silver Index ($XAU +0.02%) finished flat. 

Charts courtesy www.stockcharts.com

PICTURED: ThBank Index ($BKX -0.65%) violated its 50-day moving average (DMA) line and undercut prior lows with recent losses..


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  123.08 -0.47 -0.38% -33.03%
Integrated Oil $XOI  1,117.85 -5.09 -0.45% -11.84%
Semiconductor $SOX  1,066.22 +6.20 +0.58% +17.62%
Networking $NWX  452.17 +2.36 +0.52% +1.36%
Broker/Dealer $XBD  227.72 +0.36 +0.16% +10.93%
Retail $RLX  1,479.72 +12.14 +0.83% +10.18%
Gold & Silver $XAU  84.09 +0.01 +0.01% +6.63%
Bank $BKX  93.76 -0.62 -0.66% +2.15%
Biotech $BTK  3,833.38 +45.82 +1.21% +24.66%


Blasted Higher After Latest Strong Earnings Report

Stamps.Com Inc (STMP +$3.30 or +1.61% to $208.65) is holding its ground after gapping up on 8/03/17 and rallying further with a spurt of heavy volume gains. It had not formed a new base of sufficient length prior the considerable gap higher following strong earnings news as it reported Jun '17 quarterly earnings +61% on +38% sales revenues. Its 50-day moving average (DMA) line coincides with prior highs in the $156 area defining important near-term support

STMP was last shown in this FSU section with an annotated graph on 7/05/17 under the headline, "Pulling Back After Getting Extended From Prior Base". It was highlighted in yellow in the 5/24/17 mid-day report (read here) while rallying near prior highs. A new pivot point was cited based on its 2/22/17 high plus 10 cents. Volume-driven gains for new highs triggered a technical buy signal.

Fundamentals remain strong as its strong growth track record continues. It has earned an Earnings Per Share Rating of 99, putting it in the top 1% of all publicly traded stocks based on its earnings history over the past 5 years. Currently it has a Timeliness Rating of A and a Sponsorship rating of B.

The Retail - Internet group has a 98 Relative Strength Rating.The number of top-rated funds owning its shares rose from 354 in Dec '16 to 389 in Jun '17, a reassuring sign in recent months concerning the I criteria. Its current Up/Down Volume ratio of 1.7 is an unbiased indication its shares have been under accumulation over the past 50 days. Its small supply of only 16.9 million shares outstanding (S criteria) can contribute to greater price volatility in the event of institutional buying or selling.

Charts courtesy www.stockcharts.com


Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$104.55 +2.85
2.80%

$104.96

676,968
94.51% of 50 DAV
50 DAV is 716,300
$115.74
-9.67%
6/7/2017 $102.95 PP = $98.92
MB = $103.87
Most Recent Note - 8/8/2017 7:07:01 PM
G - Found support near its 50 DMA line ($103.84) last week. More damaging loses would raise concerns and trigger a technical sell signal. Previously noted - "Faces some resistance due to overhead supply up through the $115 level."
>>> FEATURED STOCK ARTICLE : Still Faces Some Resistance Due to Overhead Supply - 7/20/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BERY - NYSE
Berry Global Group Inc
CONSUMER NON-DURABLES - Packaging and Containers  
$57.58 +0.26
0.45%

$58.00

894,297
101.39% of 50 DAV
50 DAV is 882,000
$58.95
-2.32%
7/14/2017 $57.67 PP = $59.05
MB = $62.00
Most Recent Note - 8/8/2017 7:08:35 PM
G - Met resistance at its 50 DMA line ($57.53) recently while rebounding. More damaging losses would raise greater concerns and trigger a worrisome technical sell signal. Reported Jun '17 quarterly earnings +13% on +16% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Found Prompt Support at 50-Day Moving Average Line - 7/7/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HSKA - NASDAQ
Heska Corporation
DRUGS - Biotechnology  
$95.64 -0.25
-0.26%

$97.43

31,855
44.24% of 50 DAV
50 DAV is 72,000
$115.00
-16.83%
7/31/2017 $114.27 PP = $110.35
MB = $115.87
Most Recent Note - 8/9/2017 4:58:58 PM
G - Slumped below its 50 DMA line ($99.67) with a loss on higher (near average) volume today raising concerns and its color code is changed to green. Encountering distributional pressure since highlighted in yellow in the 7/31/17 mid-day report with pivot point cited based on its high hit on 5/01/17 plus 10 cents. Failed to produce confirming gains since repeatedly noted - "Subsequent gains and a strong finish above its pivot point may clinch a convincing technical buy signal. Small supply of only 6 million shares in the public float (S criteria) can contribute to greater price volatility in the event of institutional buying or selling."
>>> FEATURED STOCK ARTICLE : Small Supply of Shares and Closed In Lower Half of Intra-day Range - 7/31/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EW - NYSE
Edwards Lifesciences Cp
HEALTH SERVICES - Medical Appliances and Equipment  
$114.50 +0.37
0.32%

$115.66

673,750
56.57% of 50 DAV
50 DAV is 1,191,000
$121.75
-5.95%
7/11/2017 $117.23 PP = $121.85
MB = $127.94
Most Recent Note - 8/11/2017 5:59:13 PM
G - Perched within striking distance of its 52-week high but its Relative Strength Rating has slumped to 78, below the 80+ minimum guideline for buy candidates. Still lingering below its 50 DMA line ($116.91) which is now starting to slope downward. Fundamentals remain strong. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal which could mark the beginning of a new leg up.
>>> FEATURED STOCK ARTICLE : Near 50-Day Moving Average Line, Yet Not Far Off High - 8/7/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NTES - NASDAQ
Netease Inc Adr
INTERNET - Internet Information Providers  
$280.96 -3.29
-1.16%

$282.48

2,900,672
225.91% of 50 DAV
50 DAV is 1,284,000
$337.55
-16.76%
6/8/2017 $310.76 PP = $307.62
MB = $323.00
Most Recent Note - 8/10/2017 5:46:03 PM
G - Gapped down and violated its 50 DMA line today with a damaging loss triggering a technical sell signal. Reported Jun '17 earnings +5% on +46% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average Line - 7/21/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
STMP - NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services  
$208.65 +3.30
1.61%

$211.20

317,631
65.36% of 50 DAV
50 DAV is 486,000
$220.25
-5.27%
5/24/2017 $133.10 PP = $136.10
MB = $142.91
Most Recent Note - 8/11/2017 5:55:51 PM
G - Holding ground near its all-time high after getting very extended from any sound base. Its 50 DMA line and prior highs define important near-term support in the $156 area. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Blasted Higher After Latest Strong Earnings Report - 8/11/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
China Lodging Group Ads
LEISURE - Lodging  
$99.36 -1.63
-1.61%

$101.56

408,156
162.61% of 50 DAV
50 DAV is 251,000
$107.17
-7.29%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 8/9/2017 5:34:19 PM
G - Quietly touched another new all-time high today, getting very extended from any sound base. Its 50 DMA line ($86.43) defines near-term support. Due to report earnings news on Thursday, 8/17/17 before the open. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Extended From Sound Base With Earnings News Due Next Week - 8/9/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LMAT - NASDAQ
Lemaitre Vascular Inc
Medical-Products  
$32.99 +0.24
0.73%

$33.31

220,907
114.46% of 50 DAV
50 DAV is 193,000
$36.09
-8.59%
7/28/2017 $33.50 PP = $33.32
MB = $34.99
Most Recent Note - 8/10/2017 6:06:51 PM
Y - Pulled back today with higher volume slumping back below its pivot point and raising some concerns. Testing near prior highs in the $32-33 area previously noted as initial support to watch. Disciplined investors avoid chasing extended stocks more than +5% above prior highs, and they always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Big Volume-Driven Gain Following Strong Earnings News - 7/28/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BEAT - NASDAQ
BioTelemetry Inc
Medical-Services  
$34.50 +0.75
2.22%

$34.80

401,931
89.62% of 50 DAV
50 DAV is 448,500
$36.50
-5.48%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 8/9/2017 12:15:14 PM
G - Abruptly pulled back from its all-time high today after reporting Jun '17 quarterly earnings +10% on +10% sales revenues, its 2nd consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Its 50 DMA line ($32.05) defines near-term support above prior lows.
>>> FEATURED STOCK ARTICLE : New Highs on Twice Average Volume; Fundamental Concerns Remain - 7/14/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$38.20 +0.60
1.60%

$38.23

1,078,666
194.35% of 50 DAV
50 DAV is 555,000
$41.44
-7.82%
7/3/2017 $38.05 PP = $39.60
MB = $41.58
Most Recent Note - 8/11/2017 12:34:51 PM
Y - Made a "positive reversal" after undercutting its 50 DMA line ($37.67) today, finding prompt support near that important short-term average. Its 200 DMA line and prior lows define near-term support in the $34-35 area. Completed a new Public Offering on 8/08/17, pulling back after spiking to a new all-time high.
>>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of a New High - 8/1/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
VEEV - NYSE
Veeva Systems Inc Cl A
Computer Sftwr-Medical  
$61.85 +1.94
3.24%

$61.96

940,292
66.26% of 50 DAV
50 DAV is 1,419,000
$68.07
-9.14%
7/24/2017 $65.91 PP = $68.17
MB = $71.58
Most Recent Note - 8/10/2017 6:00:32 PM
G - Violated its 50 DMA line ($62.74) with a damaging loss today on higher (near average) volume raising concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. Faces resistance due to overhead supply up through the $68 level. Disciplined investors will note that it did not produce the necessary volume-driven gains needed to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Moving Average Line Raises Concerns - 8/2/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$165.69 +0.99
0.60%

$168.81

626,255
69.58% of 50 DAV
50 DAV is 900,000
$176.50
-6.12%
8/4/2017 $173.31 PP = $163.07
MB = $171.22
Most Recent Note - 8/8/2017 6:55:16 PM
Y - Color code is changed to yellow after retreating below its "max buy" level. Cleared a new pivot point cited based on its 6/23/17 high plus 10 cents with a big "breakaway gap" on 8/04/17 triggering a technical buy signal. Reported Jun '17 quarterly earnings +81% on +51% sales revenues, continuing its strong earnings history.
>>> FEATURED STOCK ARTICLE : Networking Firm Consolidating Above 50-Day Moving Average Line - 7/18/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$54.46 +0.29
0.54%

$54.62

1,999,255
95.07% of 50 DAV
50 DAV is 2,103,000
$57.26
-4.89%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 8/8/2017 6:53:37 PM
G - Pulled back today after spiking to new 52-week and all-time highs with 3 consecutive volume-driven gains. Color code was changed to green after rallying above its "max buy" level. Reported earnings +13% on +32% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Spiked Into New High Territory Despite Sub Par Earnings News - 8/8/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$57.80 -0.15
-0.26%

$58.30

131,658
100.50% of 50 DAV
50 DAV is 131,000
$60.00
-3.67%
6/13/2017 $54.25 PP = $55.55
MB = $58.33
Most Recent Note - 8/8/2017 6:58:21 PM
G - Color code is changed to green after rising just above its "max buy" level. A big volume-driven gain on 8/04/17 triggered a technical buy signal. Reported earnings +48% on +33% sales revenues for the Jun '17 quarter.
>>> FEATURED STOCK ARTICLE : Volume Cooling While Staying Above 50-Day Moving Average Line - 7/17/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NCOM - NASDAQ
National Commerce Corp
BANKING - Regional - Southeast Banks  
$39.60 -0.20
-0.50%

$40.01

30,861
96.44% of 50 DAV
50 DAV is 32,000
$41.25
-4.00%
4/25/2017 $38.95 PP = $40.09
MB = $42.09
Most Recent Note - 8/11/2017 5:57:06 PM
Y - Still consolidating near its 50 DMA line ($39.52). Subsequent damaging losses violating it or the recent lows would trigger technical sell signals. Reported Jun '17 earnings +23% on +45% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Recent Breakout Lacked Great Volume Conviction - 7/10/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$44.92 -1.22
-2.64%

$46.95

550,618
103.89% of 50 DAV
50 DAV is 530,000
$54.95
-18.25%
6/7/2017 $50.01 PP = $49.35
MB = $51.82
Most Recent Note - 8/10/2017 6:09:27 PM
G - Quietly sputtering well below its 50 DMA line ($49.49), and its 200 DMA line ($44.49) defines the next important support. A rebound above the 50 DMA line is needed for its outlook to improve. Faces some resistance due to overhead supply up through the $54 level.
>>> FEATURED STOCK ARTICLE : 50-Day Moving Average Violation Triggers Technical Sell Signal - 7/19/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$44.75 +1.30
2.99%

$44.85

421,948
58.85% of 50 DAV
50 DAV is 717,000
$46.08
-2.88%
7/17/2017 $43.96 PP = $44.18
MB = $46.39
Most Recent Note - 8/10/2017 5:43:11 PM
Y - Perched near its 52-week high, quietly consolidating above its 50 DMA line ($42.76). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Quietly Consolidating Above 50 Day Moving Average Near High - 8/10/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MOMO - NASDAQ
Momo Inc.
INTERNET - Content  
$42.10 -0.47
-1.10%

$42.59

4,769,545
96.82% of 50 DAV
50 DAV is 4,926,400
$46.69
-9.83%
7/25/2017 $44.05 PP = $46.05
MB = $48.35
Most Recent Note - 8/10/2017 5:57:08 PM
Y - Pulling back this week with losses on average volume after recently wedging higher with gains lacking great volume conviction. Failed to produce decisive gains above the new pivot point cited based in 5/22/17 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($40.58) defines the next important chart support level where a violation would raise more serious concerns.
>>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of Prior High - 7/25/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HLI - NYSE
Houlihan Lokey Inc Cl A
Finance-Invest Bnk/Bkrs  
$35.10 +0.22
0.63%

$35.39

225,471
128.11% of 50 DAV
50 DAV is 176,000
$39.68
-11.54%
5/10/2017 $35.85 PP = $35.05
MB = $36.80
Most Recent Note - 8/8/2017 7:01:58 PM
G - Consolidating near prior highs in the $35-36 area and its 50 DMA line ($35.55) defining important near-term support to watch. More damaging losses would raise concerns.
>>> FEATURED STOCK ARTICLE : Extended Leader Encounters Distributional Pressure - 7/27/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. 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. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

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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.

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