10/25/2013 3:11:49 PM - It will be dropped from the Featured Stocks list tonight. Down again today following an extended trading halt. This example may serve as a very vivid reminder to always make disciplined buy and sell decisions. Its shares were severely punished as technical damage mounted after questions were raised by analysts concerning its accounting practices. NQ did not trigger a technical buy signal after recently featured while forming an advanced "ascending base" type pattern. Furthermore, members were reminded, "As always, disciplined investors sell any stock that falls more than -7% from their purchase price, and that discipline is more important when dealing with advanced bases."
Y - Color code is changed to yellow while its latest pullback gives it the look of an advanced "ascending base" pattern. Subsequent volume-driven gains above its pivot point cited may trigger a technical buy signal. Pulling back further today following a "negative reversal" at its 52-week high on the prior session. Endured distributional pressure yet found support near its 50 DMA line recently. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm got off to a poor start from its 5/05/11 IPO priced at $12, then gradually made great progress.
Reversed into the red after early gains today following a volume-driven gain for a new 52-week high on the prior session. Endured distributional pressure yet found support near its 50 DMA line recently. Did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Rebounding near its 52-week high after enduring distributional pressure yet finding support near its 50 DMA line. It did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Pulling back from its 52-week high, enduring distributional pressure while retreating toward prior highs and its 50 DMA line defining near term support. It did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Perched at its 52-week high following a recent spurt of gains backed by above average volume. Found support while recently consolidating above its 50 DMA line. Stalled after its considerable gap up gain on 8/13/13 and it did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Hovering at its 52-week high following a recent spurt of gains backed by above average volume. Found support while recently consolidating above its 50 DMA line. Stalled after its considerable gap up gain on 8/13/13 and it did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Trading up today for another new 52-week high with its 5th gain backed by above average volume in the span of 6 sessions. Found support while recently consolidating above its 50 DMA line. Stalled after its considerable gap up gain on 8/13/13 and it did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Trading up today following a negative reversal on the prior session after touching a new 52-week high. Found support while recently consolidating above its 50 DMA line. Stalled after its considerable gap up gain on 8/13/13 and it did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Found support while consolidating above its 50 DMA line, and now hitting new 52-week highs with above average volume behind today's 4th consecutive gain. Stalled after its considerable gap up gain on 8/13/13 and it did not form a sound base pattern of sufficient length since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Found support while consolidating above its 50 DMA line and rallied to new 52-week highs with above average volume behind today's 3rd consecutive gain. Stalled after its considerable gap up gain on 8/13/13 and it did not form a sound base pattern since noted in prior mid-day reports with caution - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Consolidating above its 50 DMA line and -14.3% off its 52-week high. Stalled after its considerable gap up gain on 8/13/13 and it has not formed a sound base pattern. Prior mid-day reports noted - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Holding its ground near its 52-week high with volume totals cooling since its considerable gap up gain on 8/13/13. Prior mid-day reports noted - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Churned above average volume last week and the 8/16/13 mid-day report noted - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks. Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12."
Pulling back for a 3rd consecutive session with above average volume. Prior mid-day reports noted - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks." Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12.
The 8/14/13 mid-day report noted - "Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks." Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. The stock got off to a poor start from its 5/05/11 IPO priced at $12.
Quarterly sales and earnings comparisons have shown great increases percentage-wise in recent quarterly comparisons through Jun '13 satisfying the C criteria. Annual earnings (A criteria) has also been strong. This Chinese Computer Software - Security firm is perched at new 52-week and all-time highs, very extended from any sound base after an impressive rally in the past month. Last noted in the 4/18/12 mid-day report with caution, the stock got off to a poor start from its 5/05/11 IPO priced at $12. Patient investors may watch for a secondary buy point or new base to potentially form and be noted in the coming weeks.
A strong finish today may interest technical-traders. Hitting a new high with today's volume-driven gain clearing a deep cup-with-handle base formed since getting off to a poor start from its 5/05/11 IPO priced at $12. Rallied with a streak of volume-driven gains in recent weeks, clearing prior chart resistance, then it found support during a quiet consolidation above its 50 DMA line as it retreated -25% from its high hit since last noted in the 3/26/12 mid-day report - "Limited earnings history is a concern. Its quarterly sales and earnings comparisons have shown great increases percentage-wise, yet this Chinese Computer Software - Security firm has minuscule quarterly revenues totaling in the $12 million range in the Sep and Dec '11 periods."
Challenging its all-time high today after getting off to a poor start from its 5/05/11 IPO priced at $12. Rallied with a streak of volume-driven gains in recent weeks, clearing prior chart resistance. Limited earnings history is a concern. Its quarterly sales and earnings comparisons have shown great increases percentage-wise, yet this Chinese Computer Software - Security firm has minuscule quarterly revenues totaling in the $12 million range in the Sep and Dec '11 periods.