2/1/2011 - Closed below its 50 DMA line today, violating that important short-term average with a 3rd consecutive damaging loss with above average volume. On the prior session it violated recent chart lows and closed near the session low, triggering a technical sell signal. A negative reversal at its 52-week high on higher volume led to a close below its pivot point on Friday as it promptly negated its 1/27/11 technical breakout from a cup-with-handle type base. Based on poor technical action it has quickly dropped -30% from its 52-week high, and it will be dropped from the Featured Stocks list tonight. See the latest FSU analysis for more details and an annotated graph.
2/1/2011 11:12:04 AM - G - Slumped below its 50 DMA line earlier today, and now trading near that important short-term average. On the prior session it violated recent chart lows and closed near the session low with a second consecutive loss on heavy volume triggering a technical sell signal. A negative reversal at its 52-week high on higher volume led to a close below its pivot point on Friday as it promptly negated its 1/27/11 technical breakout from a cup-with-handle type base. Healthy stocks should not pull back more than -7% below their pivot point. See the latest FSU analysis for more details and a new annotated graph.
1/31/2011 5:06:12 PM - G - It violated recent chart lows and closed near the session low with a second consecutive loss on heavy volume triggering a technical sell signal. Its color code was changed to green when early weakness raised greater concerns. A negative reversal at its 52-week high on higher volume led to a close below its pivot point on Friday as it promptly negated its 1/27/11 technical breakout from a cup-with-handle type base. Healthy stocks should not pull back more than -7% below their pivot point. See the latest FSU analysis for more details and a new annotated graph.
1/31/2011 10:26:05 AM - G - Color code is changed to green while early weakness today has raised greater concerns and it is testing recent chart lows. A negative reversal at its 52-week high on higher volume led to a close below its pivot point on Friday as it promptly negated its 1/27/11 technical breakout from a cup-with-handle type base. Healthy stocks should not pull back more than -7% below their pivot point.


1/28/2011 4:31:47 PM - Y - Following early gains for a new 52-week high today a negative reversal on higher volume led to a close below its pivot point while it erased a big part of the prior session's considerable gain. Its 1/27/11 breakout from a cup-with-handle type base with more than 4 times average volume triggered a technical buy signal. In the mid-day report on 1/27/11 it was highlighted in yellow with an annotated graph as the pivot point cited was based on its 1/14/11 high plus ten cents.


1/28/2011 11:02:24 AM - Y - Hit another new 52-week high early today then reversed into the red and slumped back below its pivot point. Its 1/27/11 breakout from a cup-with-handle type base with more than 4 times average volume triggered a technical buy signal. In the mid-day report on 1/27/11 it was highlighted in yellow with an annotated graph as the pivot point cited was based on its 1/14/11 high plus ten cents.


1/27/2011 7:11:02 PM -

Y - Gapped up today and hit a new 52-week high while rallying from a cup-with-handle type base with more than 4 times average volume behind its considerable gain, triggering a technical buy signal. Color code was changed to yellow with pivot point cited based on its 1/14/11 high plus ten cents.


1/27/2011 -

Y - Gapped up today and touched a new 52-week high while rallying from a cup-with-handle type base. Color code is changed to yellow with pivot point cited based on its 1/14/11 high plus ten cents. A solid finish above its pivot point with heavy volume may confirm a proper technical buy signal.