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 MIDDAY BREAKOUTS REPORT - THURSDAY, SEPTEMBER 16TH, 2010
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DOW 10566.23 -6.5 (-0.06%) | NASDAQ 2293.72 -7.6 (-0.33%) | S&P 500 1120.88 -4.19 (-0.37%)
Time of Screening : 9/16/2010 12:08:45 PM         Report Released : 9/16/2010 1:20:18 PM
Price is: Above 52W High and Less Than 52W High but within 5% of the 52 Week High
Volume Is: At least 57.5% of 50 Day Average at the time of the screening.
More details about this report...

To View Current Notes and Data on currently Featured Stocks go to the latest
Featured Stocks Page
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(50 DAV)
52 Wk Hi
% From Hi
Date
Featured
Price
Featured
Pivot Point
Max Buy
CMG - NYSE
Chipotle Mexican Grill
$165.58 -4.08
-2.40%
$169.61 428,779
60.10% of 50 DAV
50 DAV is 713,400
$170.00
-2.60%
9/1/2010 $158.31 PP = $155.52
MB = $163.30
Most Recent Note - 9/16/2010 12:29:05 PM
G - Pulling back today after 4 consecutive gains with below average volume. Extended from prior highs in the $155 area that define chart support.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/1/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
EGO - NYSE
Eldorado Gold Corp
$19.80 -0.04
-0.19%
$20.09 2,953,473
73.09% of 50 DAV
50 DAV is 4,041,100
$20.23
-2.12%
8/19/2010 $18.25 PP = $19.17
MB = $20.13
Most Recent Note - 9/16/2010 12:31:52 PM
Y - Hovering near its 52-week high, just below its "max buy" level. Prior highs in the $18-19 area define the initial chart support level to watch above its 50 DMA line.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/19/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
JOBS - NASDAQ
Fifty One Job Inc Ads
$31.59 +2.11
7.16%
$31.89 296,684
332.98% of 50 DAV
50 DAV is 89,100
$31.87
-0.88%
9/16/2010 $31.59 PP = $30.40
MB = $31.92
Most Recent Note - 9/16/2010 12:52:38 PM
Y - Considerable gain today has it rising from a short flat base to a new 52-week high and it traded within a penny of its 2006 high. Color code is changed to yellow. A strong close today could confirm a new technical buy signal, however it may be considered a riskier "late-stage" breakout after having impressively rallied from March '09 lows near $6.00. Noted in the recent mid-day reports - "This Chinese Commercial Services -Staffing firm's 3 latest quarterly comparisons showed good sales growth and earnings improvement better than the +25% guideline, but its annual earnings history (A criteria) has been below guidelines of the fact-based investment system."
There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
MRX -

$29.63 +0.48
1.65%
$30.26 871,324
71.52% of 50 DAV
50 DAV is 1,218,300
$30.26
-2.08%
8/12/2010 $26.88 PP = $26.71
MB = $28.05
Most Recent Note - 9/16/2010 12:55:28 PM
G - Gapped up today and hit a new 52-week high. Prior highs in the $28 area define the initial chart support level to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/12/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
PRGO - NYSE
Perrigo Co Plc
$63.81 -0.62
-0.96%
$65.38 677,459
64.06% of 50 DAV
50 DAV is 1,057,600
$65.38
-2.40%
9/15/2010 $63.73 PP = $64.76
MB = $68.00
Most Recent Note - 9/16/2010 1:04:58 PM
Y - Gapped up today and hit a new 52-week high, then quickly reversed into the red, a sign it may be encountering distributional pressure. After an orderly 5-month base, its color code was changed to yellow, while confirming gains with above average volume and a close above the pivot point cited would trigger a technical buy signal. No overhead supply remains to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues showed a +22% increase (acceleration) in the latest quarter. It has shown very strong quarterly earnings increases and has a good annual earnings (A criteria) history.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/15/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
SLW - NYSE
Silver Wheaton Corp
$25.17 +0.35
1.41%
$25.33 3,237,227
68.69% of 50 DAV
50 DAV is 4,712,500
$25.35
-0.71%
8/25/2010 $21.40 PP = $21.99
MB = $23.09
Most Recent Note - 9/16/2010 1:08:58 PM
G - Inching higher today, it has been stubbornly holding its ground after recent gains to new all-time highs. Extended from any sound base, its previous highs in the $21 area define chart support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/25/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
UFPT - NASDAQ
U F P Tech Inc
$11.20 +0.27
2.47%
$11.33 34,486
92.95% of 50 DAV
50 DAV is 37,100
$11.59
-3.37%
9/16/2010 $11.20 PP = $11.69
MB = $12.27
Most Recent Note - 9/16/2010 1:18:29 PM
Y - Rallying toward its 52-week high today, and no resistance remains due to overhead supply. Color code is changed to yellow, however disciplined investors know that a technical buy signal requires a subsequent breakout on heavy volume. The 3 latest quarterly comparisons showed strong sales revenues and earnings acceleration following a streak of negative or near flat comparisons. It has an impressive annual earnings (A criteria) growth rate. Small supply of only 6.21 million shares (S criteria) outstanding can contribute to great price volatility in the event of institutional buying or selling.
There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
VIT -

$29.28 +0.07
0.24%
$29.98 672,626
122.88% of 50 DAV
50 DAV is 547,400
$30.50
-4.00%
7/8/2010 $25.20 PP = $26.58
MB = $27.91
Most Recent Note - 9/16/2010 1:19:39 PM
G - Consolidating in a tight trading range near its all-time high. Its 50 DMA line defines chart support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/31/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AHGP - NASDAQ - METALS &; MINING - Nonmetallic Mineral Mining
Alliance Holdings Gp Lp
$39.56 -1.41
-3.44%
$42.30 $42.30 -6.48% 105,436
182.42%
57,800
Most Recent Note for AHGP - 9/16/2010 12:15:35 PM
Started strong and then negatively reversed early today, another sign of distributional pressure. It had wedged up to new high ground on light volume when rising from its previously noted base-on-base type pattern. Latest quarter ended June 30, 2010 showed better sales and earnings increases versus the year earlier, but prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady. Noted in earlier mid-day reports - "its fundamentals have remained below the guidelines of the investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ALTR - NASDAQ - Computer Sftwr-Design
Altair Engineering Cl A
$27.77 -0.07
-0.25%
$28.09 $29.05 -4.41% 7,105,666
82.52%
8,611,200
Most Recent Note for ALTR - 9/16/2010 12:17:39 PM
Found great support near its 200 DMA line again during its consolidation since last noted in the 7/22/10 mid-day report - "Strong leadership (L criteria) in the Semiconductor industry has recently helped many tech firms with sub par fundamentals reach new 52-week highs. ALTR has shown great sales revenues and earnings (C criteria) acceleration in recent quarterly comparisons versus the year-ago period. Its annual earnings (A criteria) history is below the guidelines of the fact-based system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ATR - NYSE - CONSUMER NON-DURABLES - Rubber & Plastics
Aptargroup Inc
$45.76 +0.04
0.09%
$46.02 $45.99 -0.50% 135,997
93.86%
144,900
Most Recent Note for ATR - 9/16/2010 12:22:35 PM
Hit a new 52-week high today with its 7th consecutive gain backed by ever-increasing volume. There is no resistance remaining due to overhead supply. Earnings increases have been above the +25% guideline in the past 2 quarterly reports versus the year earlier with improving sales. Prior growth was slow and steady. Its annual earnings(the A criteria) included a downturn in FY '09, a flaw with respect to the fact-based investment system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ILMN - NASDAQ - DRUGS - Biotechnology
Illumina Inc
$48.91 +1.93
4.11%
$49.18 $49.18 -0.55% 1,270,779
119.83%
1,060,500
Most Recent Note for ILMN - 9/16/2010 12:44:32 PM
Considerable gain today for a new 52-week and multi-year high. Sales revenues and earnings growth slumped below guidelines after it was dropped from the Featured Stocks list on 6/17/09. It had just been featured in the May 2009 issue of CANSLIM.net News (read here).
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
OPEN - NASDAQ - INTERNET - Internet Software & Services
Opentable Inc
$66.54 +3.74
5.96%
$67.33 $67.32 -1.16% 836,256
298.56%
280,100
Most Recent Note for OPEN - 9/16/2010 12:57:27 PM
Gapped up today hitting another new 52-week high, getting more extended from prior chart highs and away from any sound base. Noted in recent mid-day reports - "The C criteria is satisfied as earnings and sales revenues increases have been strong the 4 latest quarterly comparisons versus the year ago period. It got off to a very volatile start after its 5/11/09 IPO at $20, and it slumped for more than 4 months after it completed a Secondary Offering on 9/23/09. The company's management still owns a 32% stake in its shares and top-rated funds owning shares rose from 50 in Sep '09 to 79 in Jun '10."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SINA - NASDAQ - INTERNET - Internet Software & Services
Sina Corporation
$47.75 +1.84
4.01%
$47.99 $47.99 -0.50% 1,828,824
204.59%
893,900
Most Recent Note for SINA - 9/16/2010 1:06:39 PM
Hit a new 52-week high today. Noted in the 9/15/10 mid-day report - "Earnings and sales have improved in recent quarters, however its prior comparisons and its annual earnings history (A criteria) are below guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  

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. We are 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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