5/4/2012 1:35:23 PM - Based on damaging technical action it will be dropped from the Featured Stocks list tonight. Reported earnings +6% on +22% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Gapped down below its 50 and 200 DMA lines for a huge loss, and its color code was changed to green. In BOLD the Market Commentary has clearly reminded readers - investors should always be disciplined and watch for a proper technical buy signal to be confirmed before taking any action, then steadfastly protect capital by selling whenever any stock falls more than -7% from the purchase price.
5/4/2012 11:19:37 AM - G - Reported earnings +6% on +22% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Gapped down below its 50 and 200 DMA lines for a huge loss, and its color code is changed to green. In BOLD the Market Commentary has clearly reminded readers - investors should always be disciplined and watch for a proper technical buy signal to be confirmed before taking any action, then steadfastly protect capital by selling whenever any stock falls more than -7% from the purchase price.
5/3/2012 3:15:44 PM - Y - Due to report earnings after the close today. Volume is above average behind today's small loss while consolidating just -6.6% off its 52-week high. Gains above the pivot point backed by a minimum of +40% above average volume are still needed to trigger a proper new (or add-on) technical buy signal.
5/3/2012 11:54:16 AM - Y - Consolidating near its 52-week high. Gains above the pivot point backed by a minimum of +40% above average volume are still needed to trigger a proper new (or add-on) technical buy signal.
5/1/2012 6:48:37 PM - Y - Pulled back toward prior highs today on lighter volume. Gains above the pivot point backed by a minimum of +40% above average volume are still needed to trigger a proper new (or add-on) technical buy signal.
4/27/2012 3:46:51 PM - Y - Considerable gain today above the pivot point for a new high, however volume is not running at a very heavy pace. Gains above the pivot point backed by a minimum of +40% above average volume are needed to trigger a proper new (or add-on) technical buy signal.
4/25/2012 8:11:58 PM - Y - Rebounded above its 50 DMA line today. Volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Subsequent damaging losses below its recent lows (near $25) would raise more serious concerns and trigger additional sell signals.
4/18/2012 1:41:04 PM - Y - Hovering near its 50 DMA line today, finding support near that important short-term average. Color code is changed to yellow with new pivot point cited based on its 52-week high plus 10 cents. Volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Subsequent damaging losses below its recent lows would raise more serious concerns and trigger additional sell signals.
4/11/2012 4:58:11 PM - G - Promptly rebounded and closed near its 50 DMA line today, an encouraging sign that it was finding support near that important short-term average. Subsequent damaging losses below its recent lows would raise more serious concerns and trigger additional sell signals.
4/10/2012 6:19:36 PM - G - Slumped further below its 50 DMA line with higher (near average) volume today, raising concerns. Recent lows during its consolidation are the next important chart support area below its short-term average. Subsequent damaging losses may trigger more worrisome technical sell signals.
4/5/2012 3:52:47 PM - G - Testing support at its 50 DMA line again today. Recent lows during its consolidation are the next important chart support area below its short-term average. Subsequent damaging losses may trigger more worrisome technical sell signals.
4/2/2012 10:27:30 AM - G - Pulling back today when perched within close striking distance of its 52-week high. Found support at its 50 DMA line and prior highs in the $26 area during its recent consolidation. Subsequent damaging losses may trigger a more worrisome technical sell signal.
3/30/2012 3:42:10 PM - G - Up today on light volume, rising to a 3 week high. Found support at its 50 DMA line and prior highs in the $26 area during its recent consolidation. Subsequent damaging losses may trigger a more worrisome technical sell signal.
3/28/2012 5:23:01 PM - G - Posted another gain today on light volume, rising from support at its 50 DMA line and prior highs in the $26 area. Subsequent damaging losses may trigger a more worrisome technical sell signal.
3/26/2012 10:28:57 PM - G - Posted a 4th consecutive gain today on light volume, rising from support at its 50 DMA line and prior highs in the $26 area. Subsequent damaging losses may trigger a more worrisome technical sell signal.
3/19/2012 6:14:14 PM - G - Sputtering near support at its 50 DMA line and prior highs in the $26 area. Subsequent damaging losses may trigger a more worrisome technical sell signal
3/12/2012 4:53:55 PM - G - Reported earnings +52% on +20% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Posted a gain today with below average volume. Found prompt support near its 50 DMA line and prior highs in the $26 area after a damaging 3/09/11 gap down and considerable volume-driven loss violated the previously noted upward trendline connecting its Nov-Feb lows.
3/9/2012 10:37:44 AM - G - Reported earnings +52% on +20% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Testing important support near its 50 DMA line and prior highs in the $26 area after a gap down and considerable volume-driven loss today violated the previously noted upward trendline connecting its Nov-Feb lows.
3/7/2012 6:52:07 PM - G - Below average volume was behind today's 3rd consecutive gain. It is extended from its prior base. An upward trendline connecting its Nov-Feb lows defines initial chart support to watch above its 50 DMA line and prior highs in the $26 area.
3/2/2012 4:03:05 PM - G - Abruptly reversing the prior session's gain with a loss today on above average volume. It is extended from its prior base. An upward trendline connecting its Nov-Feb lows defines initial chart support to watch above its 50 DMA line and prior highs in the $26 area.
3/1/2012 5:16:33 PM - G - After early weakness today it managed a positive reversal for a considerable gain backed by 3 times average volume, finishing at its second-best close ever. It is extended from its prior base. Prior highs in the $25-26 area recently acted as support after encountering some distributional pressure.
3/1/2012 12:24:16 PM - G - Trading up following early weakness today, rising with above average volume after 3 consecutive small losses on lighter volume. Still, it is extended from its prior base. Prior highs in the $25-26 area recently acted as support after encountering some distributional pressure.
2/29/2012 4:58:43 PM - G - Down today on light volume for a 3rd consecutive small loss. Still, it is extended from its prior base. Prior highs in the $25-26 area recently acted as support after encountering some distributional pressure.
2/24/2012 4:02:00 PM - G - Up today for a 3rd consecutive small gain with light volume, getting more extended from its prior base. Prior highs in the $25-26 area recently acted as support after encountering some distributional pressure.
2/22/2012 4:19:14 PM - G - Up today with light volume, extended from its prior base. Prior highs in the $25-26 area recently acted as support after encountering some distributional pressure.
2/16/2012 11:23:36 AM - G - Up today for another new all-time high, getting more extended from its prior base. Prior highs in the $25-26 area recently acted as support after encountering some distributional pressure.
2/14/2012 12:10:04 PM - G - Gapped up today and rallied to a new all-time high above its "max buy" level with above average volume. Color code is changed to green after getting extended from its prior base, and the prior highs recently acted as support after encountering some distributional pressure.
2/13/2012 6:11:57 PM - Y - Rose near its "max buy" level with today's gain backed by near average volume. Prior highs recently acted as support after encountering some distributional pressure.
2/7/2012 11:46:14 AM - Y - Rising back above its pivot point with today's gain. Prior highs were noted as initial support to watch on pullbacks.
2/3/2012 6:19:14 PM - Y - Pulled back from its 52-week high with a 3rd consecutive loss with above average volume today. It has slumped just under its pivot point, trading near its prior highs noted as initial support to watch on pullbacks.
2/2/2012 2:38:35 PM - Y - Pulling back from its 52-week high for a 2nd consecutive loss today after a streak of 7 straight gains. Slumping near its prior highs that define initial support to watch on pullbacks.
2/1/2012 12:14:39 PM - Y - Perched near its 52-week high today after a streak of 7 consecutive gains when rallying from a cup-with-handle type base pattern. No overhead supply remains to act as resistance, meanwhile its prior high ($25.46 on 1/03/12) defines initial support to watch on pullbacks.
1/27/2012 4:28:31 PM - Y - Volume was 2 times average today as its 5th consecutive gain helped it hit a new 52-week high while rallying from a cup-with-handle type base pattern. It was featured in yellow in the mid-day report (read here) with pivot point based on its 1/03/12 high. Quarterly sames revenues and earnings increases have been strong through Sep '11, satisfying the C criteria. The 52-week high was hit when noted in the 4/20/11 mid-day report as it reversed into the red - "Held its ground and continued rising after a considerable "breakaway gap" on 3/25/11. It completed an additional Public Offering on 2/16/11 and found support near prior chart highs following a slump below its 50 DMA line in the interim since noted in the 1/13/11 mid-day report. Limited history is a concern, and it is up considerably since its $13 IPO on 10/15/10."
1/27/2012 12:42:03 PM - Y - On track today for a 5th consecutive gain and challenging its 52-week high while wedging higher from a cup-with-handle type base pattern. Color code is changed to yellow with pivot point based on its 1/03/12 high. Quarterly sames revenues and earnings increases have been strong through Sep '11, satisfying the C criteria. The 52-week high was hit when noted in the 4/20/11 mid-day report as it reversed into the red - "Held its ground and continued rising after a considerable "breakaway gap" on 3/25/11. It completed an additional Public Offering on 2/16/11 and found support near prior chart highs following a slump below its 50 DMA line in the interim since noted in the 1/13/11 mid-day report. Limited history is a concern, and it is up considerably since its $13 IPO on 10/15/10."
4/20/2011 11:55:39 AM - Gapped up and hit a new 52-week high today then reversed into the red. Held its ground and continued rising after a considerable "breakaway gap" on 3/25/11. It completed an additional Public Offering on 2/16/11 and found support near prior chart highs following a slump below its 50 DMA line in the interim since noted in the 1/13/11 mid-day report. Limited history is a concern, and it is up considerably since its $13 IPO on 10/15/10.
3/28/2011 12:22:45 PM - Touched a new 52-week high today following another considerable "breakaway gap" on 3/25/11. It completed an additional Public Offering on 2/16/11 and found support near prior chart highs following a slump below its 50 DMA line in the interim since last noted in the 1/13/11 mid-day report. Limited history is a concern, and it is up considerably since its $13 IPO on 10/15/10.
1/13/2011 12:24:59 PM - Perched at its 52-week high today following a considerable "breakaway gap" on 1/11/11 and additional gains with above average volume which helped it quickly get extended from a 5-week flat base. Limited history is a concern, and it is up considerably since its $13 IPO on 10/15/10.
1/12/2011 12:44:28 PM - Hit another new 52-week high today following a considerable "breakaway gap" on the prior session from a 5-week flat base. Limited history is a concern, and it is up considerably since its $13 IPO on 10/15/10.