12/17/2013 12:31:55 PM - Encountering distributional pressure while retreating from all-time highs. Its 50 DMA line defines near-term support. Last noted in the 11/25/13 mid-day report with caution - "Fundamental concerns remain with respect to the C and A criteria. It survived but failed to impress since weaker fundamentals and technical damage were noted on 8/01/11 as it was dropped from the Featured Stocks list."
11/25/2013 12:52:45 PM - Hitting new 52-week and all-time highs again today, adding to a recent spurt of gains. Consolidated above and below its 50 DMA line since noted in the 7/10/13 mid-day report with caution - "Fundamental concerns remain with respect to the C and A criteria. It survived but failed to impress since weaker fundamentals and technical damage were noted on 8/01/11 as it was dropped from the Featured Stocks list."
11/18/2013 12:37:08 PM - Up with higher volume today, hitting new 52-week and all-time highs with its 3rd consecutive gain. Consolidated above and below its 50 DMA line since last noted in the 7/10/13 mid-day report with caution - "Fundamental concerns remain with respect to the C and A criteria. It survived but failed to impress since weaker fundamentals and technical damage were noted on 8/01/11 as it was dropped from the Featured Stocks list."
7/10/2013 12:49:49 PM - Pulling back with higher volume today, retreating from 52-week and all-time highs after 4 consecutive gains with below average volume. Prior mid-day reports cautioned - "Fundamental concerns remain with respect to the C and A criteria. It survived but failed to impress since weaker fundamentals and technical damage were noted on 8/01/11 as it was dropped from the Featured Stocks list."
6/25/2013 12:14:46 PM - Perched at 52-week and all-time highs after a recent spurt of gains with above average volume. The 6/21/13 mid-day report cautioned - "Fundamental concerns remain with respect to the C and A criteria. It survived but failed to impress since weaker fundamentals and technical damage were noted on 8/01/11 as it was dropped from the Featured Stocks list."
6/21/2013 1:22:08 PM - Hitting new 52-week and all-time highs today with a gap up gain on above average volume. Fundamental concerns remain with respect to the C and A criteria. It survived but failed to impress since weaker fundamentals and technical damage were noted on 8/01/11 as it was dropped from the Featured Stocks list.
8/1/2011 4:22:43 PM - Gapped down again today, and after rebounding into positive ground near its 50 DMA line intra-day it ultimately finished near the session low with its 6th consecutive loss on above average volume. Based on its weaker fundamentals and technical damage it will be dropped from the Featured Stocks list tonight. Previously noted - "Reported earnings +18% on +27% sales revenues for the quarter ended June 30, 2011 versus the year ago period. That marked its weakest earnings increase in the span of at least 8 quarterly comparisons, raising concerns."
7/29/2011 10:09:07 AM - G - Gapped down today, violating its 50 DMA line and prior chart lows triggering techincal sell signals. Color code is changed to green based on its weaker fundamentals and technical damage. Reported earnings +18% on +27% sales revenues for the quarter ended June 30, 2011 versus the year ago period. That marked its weakest earnings increase in the span of at least 8 quarterly comparisons, raising concerns.
7/28/2011 12:45:24 PM - Y - Holding its ground today after 3 consecutive small losses with above average volume, encountering distributional pressure while churning near its all-time high. Due to report earnings after the close today. See the latest FSU analysis for more details and an annotated graph.
7/27/2011 5:37:55 PM - Y - Today marked its 3rd consecutive small loss with above average volume, encountering distributional pressure while churning near its all-time high. Due to report earnings after the close on Thursday, July 28th. Formed an orderly saucer shaped base. In the 7/25/11 mid-day report its color code was changed to yellow with pivot point cited based on its 52-week high plus 10 cents. Small supply (S criteria) of only 16.4 million outstanding shares can contribute to greater volatility. See the latest FSU analysis for more details and an annotated graph.
7/26/2011 4:54:35 PM - Y - Encountering some distributional pressure while recently churning near its all-time high. Due to report earnings after the close on Thursday, July 28th. Formed an orderly saucer shaped base. In the 7/25/11 mid-day report its color code was changed to yellow with pivot point cited based on its 52-week high plus 10 cents. Small supply (S criteria) of only 16.4 million outstanding shares can contribute to greater volatility. See the latest FSU analysis for more details and an annotated graph.
7/26/2011 1:17:09 PM - Y - Encountered some distributional pressure while recently churning near its all-time high. Due to report earnings after the close on Thursday, July 28th. Formed an orderly saucer shaped base. In the 7/25/11 mid-day report its color code was changed to yellow with pivot point cited based on its 52-week high plus 10 cents. Small supply (S criteria) of only 16.4 million outstanding shares can contribute to greater volatility. See the latest FSU analysis for more details and an annotated graph.
7/25/2011 8:11:08 PM - Y - Due to report earnings after the close on Thursday, July 28th. It has formed an orderly saucer shaped base, and in today's mid-day report its color code was changed to yellow with pivot point cited based on its 52-week high plus 10 cents. Small supply (S criteria) of only 16.4 million outstanding shares can contribute to greater volatility. See the latest FSU analysis for more details and an annotated graph.
7/25/2011 1:32:38 PM - Y - Due to report earnings after the close on Thursday July 28th. It has formed an orderly saucer shaped base since last noted in the 5/11/11 mid-day report. Color code is changed to yellow with pivot point cited based on its 52-week high plus 10 cents. Reported +31% earnings on +29% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Its annual earnings (A criteria) growth has been impressive since January 2008 beginning of its public trading history. Small supply (S criteria) of only 16.4 million outstanding shares can contribute to greater volatility.
5/11/2011 12:50:52 PM - Stubbornly holding its ground since rallying to a new all-time high with heavy volume behind its 4/28/11 gain. Found support above its 50 DMA line and prior highs during consolidations since its early-March breakout. Quarterly earnings increases have been previously noted as strong, however it showed a +20% earnings increase on +18% sales revenues for the quarter ended December 31, 2010 versus the year ago period. Its annual earnings (A criteria) growth has been impressive since January 2008 beginning of its public trading history.
4/28/2011 1:11:33 PM - Pulling back today, it rallied for a new all-time high on the prior session with above average volume behind a 5th consecutive gain. Found support above its 50 DMA line and prior highs during consolidations since its early-March breakout. Quarterly earnings increases have been previously noted as strong, however it showed a +20% earnings increase on +18% sales revenues for the quarter ended December 31, 2010 versus the year ago period. Its annual earnings (A criteria) growth has been impressive since January 2008 beginning of its public trading history.
4/1/2011 12:51:54 PM - Gapped up and hit a new all-time high today after a 4-week consolidation following its early-March breakout. Quarterly earnings increases have been previously noted as strong, however it showed a +20% earnings increase on +18% sales revenues for the quarter ended December 31, 2010 versus the year ago period. Its annual earnings (A criteria) growth has been impressive since January 2008 beginning of its public trading history.
3/21/2011 12:35:45 PM - Consolidating following a spurt of volume-driven gains to new all-time highs after its early-March breakout. Disciplined investors may watch for an ideal base or secondary buy point to eventually develop. Quarterly earnings increases have been strong. Its annual earnings (A criteria) growth has been impressive since January 2008 beginning of its public trading history.