1/31/2011 5:32:00 PM - Gapped down today and closed below its 50 DMA line in the lower half of its intra-day range with a considerable loss on above average volume, triggering a technical sell signal. Based on technical damage it will be dropped from the Featured Stocks list tonight.
1/31/2011 10:30:21 AM - G - Gapped down today and sliced under its 50 DMA line, yet it has quickly rebounded back above that important short-term average. Finished near the session low on Friday as it slumped below prior highs in the $25 area, but without great volume conviction behind the loss.
1/28/2011 4:32:27 PM - G - Slumped below prior highs in the $25 area without great volume conviction behind today's loss. Still in healthy shape, technically, and well above chart support at its 50 DMA line.
1/28/2011 3:37:38 PM - G - Slumping below prior highs in the $25 area without great volume conviction behind today's loss. Still in healthy shape, technically, and well above chart support at its 50 DMA line.
1/27/2011 4:34:37 PM - G - Showing some resilience while quietly consolidating above prior highs in the $25 area, well above additional chart support at its 50 DMA line.
1/24/2011 5:46:55 PM - G - Posted another gain, showing some resilience near prior highs in the $25 area.
1/21/2011 4:27:40 PM - G - Endured distributional pressure this week yet showed some resilience near prior highs in the $25 area.
1/20/2011 11:38:37 AM - G - Up from earlier lows after a gap down today and dip under prior highs in the $25 area.
1/18/2011 4:16:03 PM - G - Negative reversal today while consolidating above support at prior highs near $25 following its recent rally from a choppy 5-week consolidation.
1/14/2011 5:01:34 PM - G - Positive reversal today was an encouraging sign of support at prior highs near $25. Previously noted that initial support level following its recent rally from a choppy 5-week consolidation.
1/13/2011 6:47:53 PM - G - Pulled back toward prior highs near $25 that may act as a support level following its recent rally from a choppy 5-week consolidation.
1/12/2011 4:54:46 PM - G - Held its ground today near its all-time high. It is extended from a sound base and yet no resistance remains due to overhead supply. On 12/09/10 it completed a Secondary Offering, after it was up considerably from its July 2010 IPO at $11.
1/11/2011 2:47:57 PM - G - Gapped up today and hit another new all-time high. It is extended from a sound base and yet no resistance remains due to overhead supply. On 12/09/10 it completed a Secondary Offering, after it was up considerably from its July 2010 IPO at $11.
1/7/2011 12:44:16 PM - G - Considerable gain today with heavy volume for a new all-time high. No resistance remains due to overhead supply after a choppy 5-week consolidation above prior highs and its 50 DMA line. On 12/09/10 it completed a Secondary Offering, after it was up considerably from its July 2010 IPO at $11.
1/5/2011 6:07:57 PM - G - Closed near the session high today after a positive reversal. No resistance remains due to overhead supply after a choppy 5-week consolidation above prior highs and its 50 DMA line, but it has not built a sound new base. On 12/09/10 it completed a Secondary Offering.
1/4/2011 12:48:33 PM - G - Pulling back today after a disappointing close in the lower half of its intra-day range on the prior session when it had touched a new all-time high with its early gain. No resistance remains due to overhead supply after a choppy 5-week consolidation above prior highs and its 50 DMA line, but it has not built a sound new base. On 12/09/10 it completed a Secondary Offering.
1/3/2011 12:40:06 PM - G - Touched a new all-time high with today's gain. No resistance remains due to overhead supply after a choppy 5-week consolidation above prior highs and its 50 DMA line, but it has not built a sound new base. On 12/09/10 it completed a Secondary Offering.
12/31/2010 3:05:10 PM - G - Tested its all-time high with today's earlier gains. No resistance remains due to overhead supply after a choppy 5-week consolidation above prior highs and its 50 DMA line. On 12/09/10 it completed a Secondary Offering.
12/29/2010 3:30:53 PM - G - Gapped up today, yet still quietly consolidating near its all-time high with no resistance remaining due to overhead supply. Recently completed a Secondary Offering and found support near prior highs in the $19.50 area, but it has not formed a sound new base following its 11/29/10 breakout.
12/27/2010 5:53:40 PM - G - Quietly consolidating near its all-time high, with no resistance remaining due to overhead supply. Recently completed a Secondary Offering and found support near prior highs in the $19.50 area, but it has not formed a sound new base following its 11/29/10 breakout.
12/23/2010 2:25:22 PM - G - Consolidating near its all-time high, with no resistance remaining due to overhead supply. Recently completed a Secondary Offering and found support near prior highs in the $19.50 area, but it has not formed a sound new base following its 11/29/10 breakout.
12/22/2010 5:15:24 PM - G - After gapping down today it rebounded for a positive reversal, closing only 23 cents below its best ever close. Recently completed a Secondary Offering and found support near prior highs in the $19.50 area, but it has not formed a sound new base following its 11/29/10 breakout.
12/21/2010 6:39:22 PM - G - Volume was above average as it lost ground today. After damaging distribution days and a Secondary Offering it recently found support near prior highs in the $19.50 area.
12/20/2010 3:10:00 PM - G - Volume is above average behind a second consecutive considerable gain and today it is poised for its second best close ever. After damaging distribution days and a Secondary Offering it found support near prior highs in the $19.50 area.
12/17/2010 5:32:38 PM - G - Volume was more than double average behind today's considerable gain and it closed at the session high. Following a couple of damaging distribution days, and a Secondary Offering previously noted, it found support near prior highs in the $19.50 area previously noted as chart support to watch above its 50 DMA line.
12/16/2010 6:15:41 PM - G - Volume totals have been cooling while consolidating above its 50 DMA line since it priced a Secondary Offering on 12/10/10 in which the company received no proceeds from the sale by existing shareholders. Following a couple of damaging distribution days, it found support near prior highs in the $19.50 area previously noted as chart support to watch.
12/14/2010 4:31:38 PM - G - Consolidating above its 50 DMA line since it priced a Secondary Offering on 12/10/10 in which the company received no proceeds from the sale by existing shareholders. Following a couple of damaging distribution days, it found support near prior highs in the $19.50 area previously noted as chart support to watch.
12/13/2010 6:05:18 PM - G - Reversed early gains for a loss today. It priced a Secondary Offering on 12/10/10 in which the company will not receive any proceeds from the sale by existing shareholders. Following a couple of damaging distribution days, it found support near prior highs in the $19.50 area previously noted as chart support to watch.
12/10/2010 11:45:13 AM - G - Rising today after pricing a Secondary Offering in which the company will not receive any proceeds from the sale by existing shareholders. Following a couple of damaging distribution days, it found support near prior highs in the $19.50 area previously noted as chart support to watch.
12/9/2010 5:30:31 PM - G - Closed near the session low today after churning with above average volume following a couple of damaging distribution days. Prior highs in the $19.50 area define chart support to watch.
12/8/2010 4:55:04 PM - G - Closed near the session low today with a loss on average volume. After a couple of damaging distribution days it has slumped near prior highs in the $19.50 area that define chart support to watch.
12/7/2010 11:35:06 AM - G - Enduring distributional pressure today, down considerably with volume running at an above average pace. Slumping toward prior highs in the $19.50 area that define chart support to watch following its recent streak of volume-driven gains.
12/6/2010 4:58:25 PM - G - Wider intra-day price swings indicate uncertainty. It quickly got extended from a sound base. Prior highs in the $19.50 area define chart support to watch following its recent streak of volume-driven gains.
12/2/2010 11:15:38 AM - G - Pulling back today, it quickly got extended from a sound base. Prior highs in the $19.50 area define chart support to watch following its recent streak of volume-driven gains.
12/1/2010 5:21:17 PM - G - Strong action today for the major averages (M criteria) was a solid follow-through day offering investors an important reassurance. This Chinese Computer Software firm hit yet another new 52-week high, and its color code was changed to green after it quickly got extended from a sound base.
12/1/2010 2:33:25 PM - G - Strong action today for the major averages (M criteria) appears to be a solid follow-through day offering investors an important reassurance. This Chinese Computer Software firm hit yet another new 52-week high today. Color code was changed to green as it quickly got extended from a sound base.
11/30/2010 4:41:46 PM - G - This Chinese Computer Software firm hit another new 52-week high today, finishing well above its "max buy" level and its color code is changed to green. Its considerable gain above its pivot point on the prior session with 3 times average volume met the guidelines for a technical buy signal. A remaining concern previously noted is that a follow through day from at least one of the major averages (M criteria) is needed as a critical reassurance before new buying efforts are justified under the investment system guidelines.
11/30/2010 1:02:25 PM - Y - This Chinese Computer Software firm hit another new 52-week high today. Its considerable gain above its pivot point on the prior session with 3 times average volume met the guidelines for a technical buy signal. A remaining concern previously noted is that a follow through day from at least one of the major averages (M criteria) is needed as a critical reassurance before new buying efforts are justified under the investment system guidelines.
11/29/2010 12:30:22 PM - Y - This Chinese Computer Software firm hit a new 52-week high today, trading above its point with above average volume. After a choppy 8-week base during which it found prompt support after a 50 DMA violation, the 11/26/10 mid-day report cited a pivot point based on its 52-week high plus ten cents. As previously noted - "Disciplined investors will resist the temptation to get in 'early' while watching for a convincing breakout and a follow through day from at least one of the major averages (M criteria) as critical reassurances before new buying efforts are justified under the investment system guidelines."
11/26/2010 11:06:48 AM - Y - This Chinese Computer Software firm's gain today has it nearly challenging its 52-week high after a choppy 8-week base during which it found prompt support after a 50 DMA violation. Color code is changed to yellow with pivot point cited base on its 52-week high plus ten cents. Sales and earnings history appears to be very strong, and it has earned high ranks. Disciplined investors will resist the temptation to get in "early" while watching for a convincing breakout and a follow through day from at least one of the major averages (M criteria) as critical reassurances before new buying efforts are justified under the investment system guidelines.
9/27/2010 12:26:25 PM - Chinese Computer Software firm gapped up today and hit a new 52-week high. It is up considerably from its $11 IPO on 7/21/10, extended from a sound base. Sales and earnings history appears to be very strong, and it has earned high ranks.