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Allot Communications Ltd (ALLT -$0.14 or -0.67% to $20.68) is holding its ground near its 52-week high, extended from its prior base. Disciplined investors do not chase extended stocks, and they always limit losses if ever any stock falls more than -7% from their purchase price. A considerable gain on more than 7 times average volume helped ALLT rise from an orderly 13-week base and trigger a technical buy signal as it was featured in the 3/13/12 mid-day report (read here) with pivot point cited based on its 2/23/12 high plus 10 cents.

The number of top-rated funds owning its shares rose from 63 in Mar '11 to 107 in Dec '11, a reassuring sign concerning the I criteria. It completed a new Public Offering on 11/09/11. Quarterly comparisons have shown strong sales revenues and earnings increases satisfying the C criteria. This Israeli Computer - Networking firm showed good annual earnings increases in FY '10 & '11 after losses in prior years. No overhead supply remains to act as resistance.