7/31/2024 11:26:15 AM - Gapped down today testing its 50 DMA line ($20.40) and prior highs in the $21 area which define important near-term support to watch. Reported Jun '24 quarterly earnings +38% on +9% sales revenuecs versus the year-ago period. Volume and volatility often increase near earnings news. Patient investors may watch for a new base or secondary buy point to develop and be noted in the weeks ahead. Wedged to new highs with gains lacking volume conviction since dropped from the Featured Stocks list on 6/06/24.
7/24/2024 12:16:05 PM - Gapped down on the prior session retreating from its 52-week high. Prior highs in the $21 area define initial support to watch. Patient investors may watch for a new base or secondary buy point to develop and be noted in the weeks ahead. Wedged to new highs with gains lacking volume conviction since dropped from the Featured Stocks list on 6/06/24. Due to report Jun '24 quarterly results on 7/29/24. Volume and volatility often increase near earnings news.
7/23/2024 1:13:54 PM - Gapped down today retreating from its 52-week high. Prior highs in the $21 area define initial support to watch. Patient investors may watch for a new base or secondary buy point to develop and be noted in the weeks ahead. Wedged to new highs with gains lacking volume conviction since dropped from the Featured Stocks list on 6/06/24. Fundamentals remain strong.
6/6/2024 3:55:32 PM - Still lingering well below its 50 DMA line ($20) and below prior lows in the $19 area. A rebound above the 50 DMA line is needed to help its outlook improve. It will be dropped from the Featured Stocks list tonight.
6/4/2024 6:35:11 PM - G - Fell further today with higher (average) volume while testing its 4/19/24 low. Color code was changed to green when violating its 50 DMA line ($20) and undercutting recent lows in the $19 area raising concerns and triggering technical sell signals. A rebound above the 50 DMA line is again needed to help its outlook improve. See the latest FSU analysis for more details and an annotated graph.
6/3/2024 9:22:21 PM - G - Color code is changed to green after today's loss violated its 50 DMA line ($20) and undercut recent lows in the $19 area raising concerns. A rebound above the 50 DMA line is again needed to help its outlook improve. See the latest FSU analysis for more details and a new annotated graph.
5/31/2024 5:29:28 PM - Y - Posted a volume-driven gain today rebounding above its 50 DMA line ($20) helping its outlook improve and its color code was changed to yellow. The recent lows in the $19 area define important near-term support to watch on pullbacks.
5/29/2024 12:03:31 PM - G - Volume totals have been cooling while lingering below its 50 DMA line ($19.98) after volume-driven losses raised concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. There was a "negative reversal" and it closed near the session low on 5/21/24 after hitting new multi-year highs.
5/24/2024 5:42:00 PM - G - Color code is changed to green after slumping below its 50 DMA line ($19.94) raising concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. There was a "negative reversal" and it closed near the session low on 5/21/24 after hitting new multi-year highs.
5/22/2024 12:00:39 PM - Y - Slumping near its 50 DMA line ($19.92) with today's big loss. There was a "negative reversal" and it closed near the session low on the prior session after hitting new multi-year highs. Color code was changed to yellow with pivot point cited based on its 4/04/24 high plus 10 cents in the 5/20/24 mid-day report - "Found support above its 50 DMA line during an orderly 6-week flat base. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Earnings increases have been above the +25% mninimum guideline in quarterly comparisons through Mar '24 versus the year-ago periods. Annual earnings (A criteria) growth has been strong after a loss in FY '20."
5/21/2024 6:13:27 PM - Y - There was a "negative reversal" and it closed near the session low today after hitting new multi-year highs. Color code was changed to yellow with pivot point cited based on its 4/04/24 high plus 10 cents in the 5/20/24 mid-day report - <i>"Found support above its 50 DMA line during an orderly 6-week flat base. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Earnings increases have been above the +25% mninimum guideline in quarterly comparisons through Mar '24 versus the year-ago periods. Annual earnings (A criteria) growth has been strong after a loss in FY '20."</i>
5/20/2024 12:10:55 PM - Y - Color code is changed to yellow with pivot point cited based on its 4/04/24 high plus 10 cents. Found support above its 50 DMA line during an orderly 6-week flat base. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Earnings increases have been above the +25% mninimum guideline in quarterly comparisons through Mar '24 versus the year-ago periods. Annual earnings (A criteria) growth has been strong after a loss in FY '20.