7/17/2014 12:37:23 PM - Still holding its ground in a tight range near its 52-week high following considerable volume-driven gains and recent news it will be acquired by Oracle (ORCL). Prior mid-day reports repeatedly cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
7/3/2014 11:16:01 AM - Holding its ground in a tight range near its 52-week high following considerable volume-driven gains and recent news it will be acquired by Oracle (ORCL). Prior mid-day reports repeatedly cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
6/27/2014 1:01:49 PM - Still perched near its 52-week high following considerable volume-driven gains and recent news it will be acquired by Oracle (ORCL). Prior mid-day reports cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
6/26/2014 12:31:28 PM - Perched near its 52-week high today following considerable volume-driven gains and news it will be acquired by Oracle (ORCL). Prior mid-day reports cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
6/25/2014 12:20:20 PM - Perched near its 52-week high today following considerable volume-driven gains and news it will be acquired by Oracle (ORCL). Prior mid-day reports cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
6/24/2014 12:16:14 PM - Perched near its 52-week high today following considerable volume-driven gains and news it will be acquired by Oracle (ORCL). Prior mid-day reports cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
6/23/2014 12:31:34 PM - Perched near its 52-week high today, holding its ground following a considerable volume-driven gain on 6/17/14. The prior mid-day reports cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
6/19/2014 12:54:48 PM - Perched near its 52-week high today following a considerable volume-driven gain on 6/17/14. The prior mid-day report cautioned members - "Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines."
6/18/2014 12:20:51 PM - Perched near its 52-week high today following a considerable volume-driven gain on the prior session. Reported earnings +16% on +11% sales revenues for the quarter ended March 31, 2014 versus the year ago period. Prior comparisons have not been a match with the fact-based system's guidelines.
10/28/2011 1:14:38 PM - Reported earnings +17% on +10% sales revenues for the quarter ended September 30, 2011 versus the year ago period, and prior comparisons have not been a match with the fact-based system's guidelines. It survived but failed to impress since it was dropped from the Featured Stocks list on 5/01/08.
9/20/2011 1:26:24 PM - Reported earnings +18% on +10% sales revenues for the quarter ended June 30, 2011 versus the year ago period. Rebounding after a deep slump under its 200 DMA line since last noted in the 4/14/11 mid-day report - "Quarterly comparisons have shown sales revenues increases in the +10-12% range and earnings increases borderline with the +25% minimum guideline after a streak of negative comparisons in '09. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
4/14/2011 12:53:42 PM - No overhead supply remains to act as resistance. It hit another new 52-week high when noted in the mid-day report yesterday - "It is not near a sound base, yet it has been recently wedging higher while its 50 DMA line acted as support. Quarterly comparisons have shown sales revenues increases in the +10-12% range and earnings increases borderline with the +25% minimum guideline after a streak of negative comparisons in '09. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
4/13/2011 12:47:40 PM - No overhead supply remains to act as resistance and it touched another new 52-week high today. It is not near a sound base, yet it has been recently wedging higher while its 50 DMA line acted as support. Quarterly comparisons have shown sales revenues increases in the +10-12% range and earnings increases borderline with the +25% minimum guideline after a streak of negative comparisons in '09. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08.
4/5/2011 12:56:39 PM - No overhead supply remains to act as resistance and it hit a new 52-week high today. It is not near a sound base, yet it has been recently wedging higher while its 50 DMA line acted as support. Quarterly comparisons have shown sales revenues increases in the +10-12% range and earnings increases borderline with the +25% minimum guideline after a streak of negative comparisons in '09. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08.
12/20/2010 12:52:26 PM - Perched only -4.7% from its 52-week high now, enduring distributional pressure while the session's early lows nearly tested its November lows. It has promptly rebounded near its 50 DMA line which has acted as support on pullbacks since July. It stubbornly held its ground above prior chart highs in the $37-38 area while steadily rising since its 8/27/10 breakaway gap. Recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08.
10/7/2010 12:53:01 PM - Perched near its 52-week high, enduring mild distributional pressure and stubbornly holding its ground above prior chart highs in the $37-38 area while steadily rising since its 8/27/10 breakaway gap. No overhead supply remains to act as resistance. Noted in prior mid-day reports - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
9/30/2010 1:30:29 PM - Inching to new 52-week highs this week after holding its ground above prior chart highs in the $37-38 area and steadily rising since its 8/27/10 breakaway gap. No overhead supply remains to act as resistance. Noted in prior mid-day reports - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
9/17/2010 1:14:52 PM - Inching to new 52-week highs this week after holding its ground above prior chart highs in the $37-38 area. No overhead supply remains to act as resistance. Noted in prior mid-day reports - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
9/13/2010 1:13:21 PM - Still holding its ground with volume totals cooling to near average while continuing its consolidation in a tight range above prior chart highs in the $37-38 area. It hit a new 52-week high and multi-year high when its breakaway gap was noted in the 8/27/10 mid-day report - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
9/3/2010 1:11:22 PM - Still holding its ground and trading above average volume while "churning" in a tight range above prior chart highs in the $37-38 area. It hit a new 52-week high and multi-year high when its breakaway gap was noted in the 8/27/10 mid-day report - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
9/2/2010 12:43:15 PM - Still holding its ground in a tight range above prior chart highs in the $37-38 area. It hit a new 52-week high and multi-year high when its breakaway gap was noted in the 8/27/10 mid-day report - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
9/1/2010 1:07:22 PM - Holding its ground above prior chart highs in the $37-38 area. It hit a new 52-week high and multi-year high when its breakaway gap was noted in the 8/27/10 mid-day report - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
8/30/2010 1:03:47 PM - Holding its ground today. It hit a new 52-week high and multi-year high with its breakaway gap, leaving it clear of all overhead supply as it was noted in the 8/27/10 mid-day report - "Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08."
8/27/2010 1:04:39 PM - Hit a new 52-week high and multi-year high after a breakaway gap today, leaving it clear of all overhead supply. Its recent quarterly comparisons showed improving sales revenues and earnings increases after a streak of negative comparisons. It sank as lows as $13.34 from $29.91 when it was dropped from the Featured Stocks list on 5/01/08.
1/19/2010 12:44:47 PM - Building a base-on-base type pattern while consolidating well above its 50 DMA line. Based on weak technical action it was dropped from the Featured Stocks list on 5/01/08.
5/2/2008 - Gapped down for a considerable loss 5/1/08, violating its 50 & 200 DMA lines and quickly approaching its 2008 lows after reporting earnings and giving a disappointing outlook. Based on weak technical action it was dropped from the Featured Stocks list that night. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
5/1/2008 10:34:00 AM - Y - Gapped down for a considerable loss today, violating its 50 & 200 DMA lines and quickly approaching its 2008 lows after reporting earnings and giving a disappointing outlook. Based on weak technical action it will be dropped from the Featured Stocks list tonight. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/30/2008 3:36:04 PM - Y - Another light volume day, ending around -5% off its all-time high with little resistance remaining due to overhead supply. Gapped up on three sessions last week, repairing recent breaches of its 200 & 50 DMA lines. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/29/2008 3:47:28 PM - Y - Snapped a 5 day winning streak, pulling back on below average volume, ending around -5% off its all-time high with little resistance remaining due to overhead supply. Gapped up on three sessions last week, repairing recent breaches of its 200 & 50 DMA lines. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/28/2008 3:46:10 PM - Y - 5th consecutive gain on light volume today, ending around -3% off its all-time high with little resistance remaining due to overhead supply. Gapped up on three sessions last week, repairing recent breaches of its 200 & 50 DMA lines. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/25/2008 4:40:33 PM - Y - Fourth consecutive gain on light volume today, ending -3.9% off its all-time high with little resistance remaining due to overhead supply. Gapped up on three sessions last week, repairing recent breaches of its 200 & 50 DMA lines. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/24/2008 5:34:46 PM - Y - Third consecutive gain on light volume today, ending -4.4% off its all-time high with little resistance remaining due to overhead supply. Gapped up on three sessions last week, repairing recent breaches of its 200 & 50 DMA lines. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/23/2008 6:49:13 PM - Y - Gain today on light volume leaves it only -5.5% off its all-time high. Gapped up on three sessions last week, repairing recent breaches of its 200 & 50 DMA lines. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/22/2008 5:40:49 PM - Y - Holding up well after gapping up on three sessions last week, promply repairing a breach of its 200 DMA line and rallying back up above its 50 DMA line. Concerns were repeatedly raised as it deteriorated since 3/24/08, when it had traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/21/2008 6:35:06 PM - Y - Small loss today on light volume. It gapped up on three sessions last week, promply repairing a breach of its 200 DMA line and rallying back up above its 50 DMA line. Concerns were repeatedly raised as it deteriorated since 3/24/08, when it had traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/18/2008 4:15:54 PM - Y - Gapped up on three sessions this week, promply repairing a breach of its 200 DMA line and rallying back up above its 50 DMA line to within -6% of its 52-week high. Concerns were repeatedly raised as it deteriorated since 3/24/08, when it had traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/16/2008 2:55:25 PM - Y - Gapped up for a second consecutive session, promply repairing a breach of its 200 DMA line and rallying back up to its 50 DMA line today with gains backed by above average volume. Concerns were repeatedly raised as it deteriorated since 3/24/08, when it had traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Included in the 3/23/08 Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/15/2008 5:45:19 PM - Y - Jumped back above its 200 DMA line on above average volume. On 4/11/08 it violated its longer term moving average which raised concerns and triggered additional sell signals. A breach of its prior chart low ($31.20 on 3/03/08) would be a sign of more worrisome technical deterioration. Its 4/07/08 violation of support at its 50 DMA line was noted, and deterioration under its prior high close ($35.60 on 2/13/08) also was previously noted to have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/14/2008 4:55:21 PM - Y - Halted its slide today. Violation of its 200 DMA line on 4/11/08 raised concerns and triggered additional sell signals. A breach of its prior chart low ($31.20 on 3/03/08) would be a sign of more worrisome technical deterioration. Its 4/07/08 violation of support at its 50 DMA line was noted, and deterioration under its prior high close ($35.60 on 2/13/08) also was previously noted to have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/11/2008 2:47:58 PM - Y - Loss on light volume today has it sinking under its 200 DMA line, raising more concerns and triggering an additional sell signal. A breach of its prior chart low ($31.20 on 3/03/08) would be a sign of more worrisome technical deterioration. Its 4/07/08 violation of support at its 50 DMA line was noted, and deterioration under its prior high close ($35.60 on 2/13/08) also was previously noted to have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/10/2008 5:56:52 PM - Y - Small gain on very light volume today. Traded lower on 10 of the prior 11 sessions, pulling back to its 200 DMA line. Its 4/07/08 violation of support at its 50 DMA line was noted as it recently raised concerns, and deterioration under its prior high close ($35.60 on 2/13/08) was previously noted to have raised concerns. A prompt repair of the 50 DMA breach could help it save face, however a violation of its 200 DMA line (now $32.09) could trigger additional sell signals. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/8/2008 4:58:54 PM - Y - Traded lower on 10 of the past 11 sessions, and it is approaching its 200 DMA line, still sliding after its 4/07/08 violation of support at its 50 DMA line raised concerns. Deterioration under its prior high close ($35.60 on 2/13/08) was previously noted to have raised concerns. A prompt repair of the 50 DMA breach could help it save face, however a violation of its 200 DMA line (now $32.02) would trigger additional sell signals. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/7/2008 6:02:07 PM - Y - Considerable loss on above average volume today led to a violation of support at its 50 DMA line, raising more concerns. Deterioration under its prior high close ($35.60 on 2/13/08) was previously noted to have raised concerns. A prompt repair of the 50 DMA breach could help it save face, however a violation of its 200 DMA line (now $31.99) would trigger additional sell signals. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/4/2008 5:17:30 PM - Y - Losses on below average volume have it retesting support at its 50 DMA line, and deterioration under its prior high close ($35.60 on 2/13/08) have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/3/2008 - Y - Loss on below average volume today. Bounced after its latest test of support at its 50 DMA line, but consecutive losses and deterioration under its prior high close ($35.60 on 2/13/08) have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/2/2008 6:06:48 PM - Y - Loss on above average volume today. Bounced after its latest test of support at its 50 DMA line, but consecutive losses and deterioration under its prior high close ($35.60 on 2/13/08) have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal with volume at least +50% above average behind considerable gains above its pivot point.
4/1/2008 3:24:09 PM - Y - Gapped up today, rallying from support at its 50 DMA line, but the past five consecutive losses and deterioration under its prior high close ($35.60 on 2/13/08) have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old reports and notes.
3/31/2008 5:33:17 PM - Y - Traded down to its 50 DMA line today but ended near the middle of its intra-day range. Five consecutive losses and deterioration under its prior high close ($35.60 on 2/13/08) have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old reports and notes.
3/28/2008 7:20:41 PM - Y - Four consecutive losses and further deterioration under its prior high close ($35.60 on 2/13/08) have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old reports and notes.
3/27/2008 5:23:07 PM - Y - Heavier volume behind its third consecutive loss. Closes under its prior high close ($35.60 on 2/13/08) have raised concerns. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old reports and notes.
3/26/2008 4:58:23 PM - Y - Small loss on light volume today. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old reports and notes.
3/25/2008 4:17:43 PM - Y - Closed near its session low today for a loss on light volume. On 3/24/08 it traded up and closed above its pivot point, however volume +44% above average was under the minimum guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old reports and notes.
3/24/2008 4:33:44 PM - Y - Traded up and closed above its pivot point today, with volume +44% above average coming in under the guidelines for a proper buy signal. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old reports and notes.
3/24/2008 1:31:13 PM - Y - Trading above its pivot point today with volume running at an above average pace. Just updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look for MCRS to trigger a proper technical buy signal, which could come if it rallies and closes above its pivot point with gains backed by at least 1.56 million shares. Volume needs to be at least +50% above average behind considerable gains to trigger a proper technical buy signal - the high volume behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old notes.B
3/23/2008 11:53:32 AM - Y - Just updated in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Look forB MCRS to trigger a technical buy signal, whichB could come if it rallies andB closes above its pivot point with gains backed byB at least 1.56 million shares.B Volume needs toB be at least +50%B above averageB behind considerable gains toB trigger a proper technical buy signal -B the high volumeB behind a breakout's gains is a critical sign of institutional buying demand (the I criteria) . MCRS was previously featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here) but based on the weak technical action it was dropped from the Featured Stocks list on 1/4/2008 after considerable losses on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Stock split 2:1 in early February, so keep that in mind if reviewing old notes.B
1/5/2008 - Considerable loss on above average volume on 1/4/08 for a third session in a row. Based on the weak technical action it was dropped from the Featured Stocks list that night. Considerable loss on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
1/4/2008 6:50:04 PM - Y - Considerable loss on above average volume for a third session in a row. Based on the weak technical action it will be dropped from the Featured Stocks list tonight. Considerable loss on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
1/3/2008 4:57:26 PM - Y - Closed under its 10/01/07 high close after a second consecutive loss on above average volume. Considerable loss on 01/02/08 on above average volume violated its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
1/2/2008 6:54:23 PM - Y - Considerable loss on heavier volume today, violating its 50 DMA line and prior chart lows, triggering technical sell signals and raising more concerns. Initial concerns were noted as it negated its latest breakout, falling back under its pivot point. Near its October 1st chart high, where further deterioration would add worries. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
1/1/2008 - Light volume losses have negated its latest breakout, leaving it under its pivot point and near its 50 DMA line. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
12/31/2007 7:09:52 PM - Y - Light volume losses have negated its latest breakout, leaving it under its pivot point and near its 50 DMA line. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). That day's gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 9 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
12/27/2007 5:23:27 PM - Y - Considerable loss on below average volume, falling under its pivot point and ending at the session low just above its 50 DMA line. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
12/26/2007 6:53:18 PM - Y - Holding its ground since featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
12/24/2007 2:52:14 PM - Y - New high close. Featured in the 12/21/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
12/21/2007 4:13:59 PM - Y - Featured in today's CANSLIM.net Mid-Day BreakOuts Report (read here). Gain above its pivot point on more than twice average volume for a new high close triggered a technical buy signal. Hovered in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
12/21/2007 2:12:26 PM - Y - Hovering in a tight trading range for the past 8 weeks near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been improving and it has a great annual and quarterly earnings track record.
11/21/2007 12:26:18 PM - Hovering near all-time highs after an impressive gap up on 10/26/07. It recently found support near its 50 DMA line. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been below the +25% guideline, although it still has a great annual earnings track record.
9/21/2007 1:19:35 PM - Hovering near all-time highs after a negative reversal on 9/19/07. Considerable gains 8/29/07 on nearly 3 times its average daily volume helped it rise above a long flat base. It found support recently close to its nearby 50 & 200 DMA lines. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have continually been below the +25% guideline although it still has a great annual earnings track record.
8/31/2007 12:46:20 PM - Reversed from earlier highs and holding steady. Considerable gains Wednesday on nearly 3 times its average daily volume helped it rise above a long flat base. It found support recently close to its nearby 50 & 200 DMA lines. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have continually been below the +25% guideline although it still has a great annual earnings track record.
8/30/2007 1:00:48 PM - Holding steady after considerable gains yesterday on nearly 3 times its average daily volume helped it rise above a long flat base. It found support recently close to its nearby 50 & 200 DMA lines. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have continually been below the +25% guideline although it still has a great annual earnings track record.
8/29/2007 12:47:49 PM - This stock built a long flat base, and a breakout attempt two weeks ago promptly failed. It found support by its nearby 50 & 200 DMA lines and now is challenging prior highs. Increasing ownership by top rated funds is another positive factor. Sales revenue increases have been below guidelines although it still has a great annual earnings track record.
3/1/2007 12:50:48 PM - Base somewhat questionable and sales history definitely below guidelines. Quarterly sales should be up 25% or more or accelerating over prior quarters.
2/28/2007 12:51:18 PM - Base somewhat questionable and sales history definitely below guidelines. Quarterly sales should be up 25% or more or accelerating over prior quarters.
2/27/2007 1:13:14 PM - Base somewhat questionable and sales history definitely below guidelines. Quarterly sales should be up 25% or more or accelerating over prior quarters.
2/15/2007 1:03:04 PM - Base somewhat questionable and sales history definitely below guidelines. Quarterly sales should be up 25% or more or accelerating over prior quarters.
2/13/2007 12:54:53 PM - Base somewhat questionable and sales definitely history below guidelines. Quarterly sales should be up 25% or more or accelerating over prior quarters.
2/7/2007 1:18:55 PM - Base somewhat questionable and sales history below guidelines.
1/30/2007 1:27:38 PM - Base questionable.
1/26/2006 12:55:18 PM - Base questionable.
1/19/2006 12:37:31 PM - Base questionable.
1/6/2006 12:50:38 PM - Base questionable.
12/16/2005 12:52:43 PM - Base questionable.
11/8/2005 1:02:11 PM - Group poorly ranked.
10/28/2005 12:41:50 PM - Base somewhat questionable.
8/29/2005 12:51:59 PM - Base somewhat questionable.
6/21/2005 12:27:01 PM - L in decent group. Gapped higher earlier this month. Too ET.
6/7/2005 12:35:24 PM - L in decent group. Gapped higher last week. Too ET.
6/6/2005 12:48:14 PM - L in decent group. Gapped higher last week. Too ET.
6/1/2005 12:52:17 PM - L in decent group. Gapped higher yesterday. Too ET.
5/31/2005 12:45:08 PM - L in decent group. Gapped higher today. Too ET.
5/19/2005 12:44:41 PM - L in decent group.
5/10/2005 12:36:14 PM - L in just okay group.
5/9/2005 12:54:40 PM - L in just okay group.
5/5/2005 12:54:39 PM - L in just okay group. Strong technical action recently.
5/2/2005 12:42:48 PM - L in just okay group. Strong technical action recently.
3/31/2005 12:29:14 PM - L in pretty good group. Building a new five month base.
11/30/2004 1:25:35 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/30/2004 12:50:24 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/24/2004 12:39:56 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/12/2004 12:34:33 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/10/2004 12:34:33 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/9/2004 12:53:32 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/8/2004 12:34:20 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/5/2004 12:33:35 PM - Best in just okay group. Too ET from a sound base of support at this point to be considered buyable under the guidelines.
11/3/2004 12:56:00 PM - Best in just okay group. Too ET!
10/6/2004 1:00:00 PM - Best in just okay group. Gap down today.
10/6/2004 1:00:00 PM - Best in just okay group. Gap down today.
9/21/2004 1:00:00 PM - Best in just okay group. Base questionable.
9/17/2004 1:00:00 PM - Best in just okay group. Base questionable.