8/13/2015 1:12:36 PM - Consolidating near its 50 DMA line. Held its ground since noted with caution in the 4/24/15 mid-day report following M&A news. Reported earnings +25% on +34% sales revenues for the quarter ended June 30, 2015 versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 2/13/12.
7/28/2015 1:03:03 PM - Consolidating near its 50 DMA line. Held its ground since noted with caution in the 4/24/15 mid-day report following M&A news. Reported earnings +41% on +4% sales revenues for the quarter ended March 31, 2015 versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 2/13/12.
7/27/2015 12:48:55 PM - Gapped up today. Last noted with caution in the 4/24/15 mid-day report following M&A news. Reported earnings +41% on +4% sales revenues for the quarter ended March 31, 2015 versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 2/13/12.
4/24/2015 1:01:03 PM - Still perched near its 52-week high following 4/08/15 news it will be acquired by Mylan NV (MYL). Reported earnings +41% on +4% sales revenues for the quarter ended March 31, 2015 versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 2/13/12.
4/22/2015 12:52:35 PM - Reported earnings +41% on +4% sales revenues for the quarter ended March 31, 2015 versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Perched near its 52-week high following 4/08/15 news it will be acquired by Mylan NV (MYL). It was dropped from the Featured Stocks list on 2/13/12.
12/19/2013 1:31:51 PM - Making its 4th consecutive mid-day report appearance today, consolidating well above its 50 DMA line and only -4.2% off its 52-week high. The 3 prior mid-day report cautioned members - "Reported earnings +20% on +21% sales revenues for the quarter ended September 30, 2013 versus the year ago period, and prior comparisons were below the +25% minimum guideline. Despite fundamental concerns it has made good progress in recent weeks following choppy action since dropped from the Featured Stocks list on 2/13/12."
12/18/2013 12:41:12 PM - Making its 3rd consecutive mid-day report appearance today, consolidating well above its 50 DMA line and only -1.7% off its 52-week high. The 2 prior mid-day report cautioned members - "Reported earnings +20% on +21% sales revenues for the quarter ended September 30, 2013 versus the year ago period, and prior comparisons were below the +25% minimum guideline. Despite fundamental concerns it has made good progress in recent weeks following choppy action since dropped from the Featured Stocks list on 2/13/12."
12/17/2013 12:37:46 PM - Making its 2nd consecutive mid-day report appearance today, consolidating well above its 50 DMA line and -4.5% off its 52-week high. The 12/16/13 mid-day report cautioned members - "Reported earnings +20% on +21% sales revenues for the quarter ended September 30, 2013 versus the year ago period, and prior comparisons were below the +25% minimum guideline. Despite fundamental concerns it has made good progress in recent weeks following choppy action since dropped from the Featured Stocks list on 2/13/12."
12/16/2013 12:44:44 PM - Consolidating well above its 50 DMA line and -4.5% off its 52-week high. Reported earnings +20% on +21% sales revenues for the quarter ended September 30, 2013 versus the year ago period, and prior comparisons were below the +25% minimum guideline. Despite fundamental concerns it has made good progress in recent weeks following choppy action since dropped from the Featured Stocks list on 2/13/12.
12/12/2013 1:03:42 PM - Consolidating well above its 50 DMA line and -3.6% off its 52-week high. Reported earnings +20% on +21% sales revenues for the quarter ended September 30, 2013 versus the year ago period, and prior comparisons were below the +25% minimum guideline. Despite fundamental concerns it has made good progress in recent weeks following choppy action since dropped from the Featured Stocks list on 2/13/12.
11/7/2012 12:31:07 PM - Gapped down today and traded under its 200 DMA line at earlier lows. Reported earnings +15% on +7% sales revenues for the quarter ended September 30, 2012 versus the year ago period. It was dropped from the Featured Stocks list on 2/13/12 when noted - "Reported earnings +14% on +17% sales revenues for the quarter ended December 31, 2011 versus the year ago period, raising fundamental concerns with earnings below the +25% minimum guideline."
7/30/2012 12:43:56 PM - Found support above prior highs and its 50 DMA line defining chart support while forming a base-on-base pattern. It has proven resilient since dropped from the Featured Stocks list on 2/13/12 when noted - "Reported earnings +14% on +17% sales revenues for the quarter ended December 31, 2011 versus the year ago period, raising fundamental concerns with earnings below the +25% minimum guideline."
7/20/2012 1:18:42 PM - Consolidating for a few weeks after rallying into higher territory since last noted in the 6/14/12 mid-day report while hitting new 52-week and all-time highs. Prior highs in the $108 area and its 50 DMA line define chart support while it may be forming a base-on-base pattern, but it needs more time to build a new base of sufficient length. It has proven resilient since dropped from the Featured Stocks list on 2/13/12 when noted - "Reported earnings +14% on +17% sales revenues for the quarter ended December 31, 2011 versus the year ago period, raising fundamental concerns with earnings below the +25% minimum guideline."
6/14/2012 12:10:47 PM - Hitting new 52-week and all-time highs today with its 5th consecutive gain with ever-increasing volume. Reported earnings +32% on +13% sales revenues for the quarter ended March 31, 2012 versus the year ago period. It rallied to new highs, fell back to its 200 DMA line, then rebounded to new highs again since dropped from the Featured Stocks list on 2/13/12 when noted - "Reported earnings +14% on +17% sales revenues for the quarter ended December 31, 2011 versus the year ago period, raising fundamental concerns with earnings below the +25% minimum guideline."
3/1/2012 1:37:36 PM - Hitting new 52-week and all-time highs today with its 7th consecutive gain with ever-increasing volume. It was dropped from the Featured Stocks list on 2/13/12 when noted - "Reported earnings +14% on +17% sales revenues for the quarter ended December 31, 2011 versus the year ago period, raising fundamental concerns with earnings below the +25% minimum guideline."
2/13/2012 6:18:35 PM - Based on its slump and waning Relative Strength rank (now 71) prior concerns were noted. Reported earnings +14% on +17% sales revenues for the quarter ended December 31, 2011 versus the year ago period, raising fundamental concerns with earnings below the +25% minimum guideline. It will be dropped from the Featured Stocks list tonight.
2/3/2012 6:40:09 PM - G - Halted its slide today with a gain on higher volume, meanwhile its Relative Strength rank slumped to 77, falling below the minimum guideline for buy candidates under the fact-based system and raising concerns. Its 200 DMA line defines important near-term support, as that long-term average acted as support in prior months while it endured distributional pressure.
2/2/2012 3:09:46 PM - G - Now it is -11.0% off its 52-week high and its Relative Strength rank has slumped to 80, which is the minimum guideline for buy candidates under the fact-based system, down from 88 when it was last shown in the FSU section on 1/09/12 with an annotated graph. Encountered resistance at its 50 DMA line when it recently tried to rebound, and it is now slumping near its 200 DMA line ($91.84). That important long-term average acted as support in prior months while it endured distributional pressure.
2/1/2012 3:37:47 PM - G - Gapped up but reversed earlier gains today after encountering resistance when rebounding near its 50 DMA line. The next important support level to watch is its 200 DMA line ($91.77) which acted as support in prior months while it endured distributional pressure. It is still perched -8.9% off its 52-week high without a lot of resistance due to overhead supply.
1/26/2012 4:04:13 PM - G - Slumped below its 50 DMA line today, raising some concerns. Prior lows near $94 define support above its 200 DMA line. It is now -8.2% off its 52-week high with little resistance remaining due to overhead supply.
1/24/2012 11:23:38 AM - G - Still quietly perched just -6.6% off its 52-week high with little resistance remaining due to overhead supply. Found support at its 50 DMA line
1/19/2012 5:26:54 PM - G - Quietly perched within striking distance of its 52-week high with little resistance remaining due to overhead supply. Found support at its 50 DMA line
1/13/2012 4:50:18 PM - G - Quietly consolidating above support at its 50 DMA line, hovering near previously stubborn resistance in the low $100s.
1/10/2012 2:39:47 PM - G - Gapped up today for a solid gain backed by higher volume, rallying toward previously stubborn resistance in the low $100s.
1/9/2012 5:30:09 PM - G - Consolidating just above support at its 50 DMA line and an upward trendline. Subsequent violations would raise more serious concerns and trigger technical sell signals. See the latest FSU analysis for more details and a new annotated graph.
1/6/2012 5:58:00 PM - G - Consolidating just above support at its 50 DMA line. Subsequent weakness below that short-term average and a violation of the latest chart low ($94.04 on 1/05/12) would raise more serious concerns and trigger technical sell signals.
1/4/2012 8:03:11 PM - G - Down again today on below average volume, closing just below its 50 DMA line, raising concerns. Its color code is changed to green based on its deterioration, meanwhile a prompt rebound is needed for its outlook to improve.
12/30/2011 6:21:32 PM - Y - Down again today on light volume, finishing -7.1% off its 52-week high. A proper technical buy signal did not occur after it was featured on 12/09/11, and there was a negative reversal on 12/22/11 after touching a new all-time high. Insider buying was recently reported while perched near all-time highs, which is a reassuring sign.Its Relative Strength line peaked in September and did not recently lead the way confirming new highs.
12/27/2011 1:01:32 PM - Y - Perched near its all-time high today, holding its ground since a negative reversal on 12/22/11. Insider buying was recently reported while perched near all-time highs, which is a reassuring sign. It has formed a late-stage base, however disciplined investors would watch for confirming gains to trigger a proper new technical buy signal. Chart readers may note that its Relative Strength line peaked in September and did not recently lead the way confirming new highs.
12/20/2011 2:02:31 PM - Y - Gapped up today and it is rallying within striking distance of a best-ever close. Found impressive support while consolidating above its 50 DMA line recently. Insider buying was recently reported while perched near all-time highs, which is a reassuring sign. It has formed a late-stage base, however disciplined investors would watch for confirming gains to trigger a proper new technical buy signal. Chart readers may note that its Relative Strength line peaked in September and did not recently lead the way confirming new highs.
12/19/2011 12:54:22 PM - Y - Found impressive support last week while consolidating above its 50 DMA line. Insider buying was recently reported while perched near all-time highs, which is a reassuring sign. It has formed a late-stage base, however disciplined investors would watch for confirming gains to trigger a proper new technical buy signal. Chart readers may note that its Relative Strength line peaked in September and did not recently lead the way confirming new highs.
12/14/2011 5:59:47 PM - Y - Down today with above average volume, demonstrating action indicative of distributional pressure. Color code was changed yellow since it has formed a late-stage base, while confirming gains above its pivot point are still needed to trigger a proper new technical buy signal.
12/9/2011 1:08:20 PM - Y - Reported earnings +26% on +13% sales revenues for the quarter ended September 30, 2011 versus the year ago period. Color code is changed yellow since it has formed a late-stage base, while confirming gains above its pivot point are still needed to trigger a proper new technical buy signal. It found prompt support at its 200 DMA line during the latest consolidation from new all-time highs that were hit since it was last noted in the 10/04/11 mid-day report.
10/4/2011 12:44:51 PM - Testing support at its 50 DMA line again. It has not formed a sound base pattern since noted in prior mid-day reports - "Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2011 versus the year ago period, beating estimates and raising guidance. Also announced that it expects to issue $350 million of notes in its fiscal second quarter pursuant to its existing Master Note Purchase Agreement. It found prompt support at its 200 DMA line after it was dropped from the Featured Stocks list on 8/08/11. Its choppy action is not a sound base pattern."
9/27/2011 1:51:08 PM - Hit a new 52-week high after a gap up today. It found support at its 50 DMA line on pullbacks while working its way higher without forming a sound base pattern since noted in prior mid-day reports - "Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2011 versus the year ago period, beating estimates and raising guidance. Also announced that it expects to issue $350 million of notes in its fiscal second quarter pursuant to its existing Master Note Purchase Agreement. It found prompt support at its 200 DMA line after it was dropped from the Featured Stocks list on 8/08/11. Its choppy action is not a sound base pattern."
9/6/2011 12:58:16 PM - Consolidating near its 50 DMA line now after a positive reversal following a gap down. It is -7% off its 52-week high, and that old high was hit on 11/30/11 as the mid-day report cautioned - "Its choppy action is not a sound base pattern." It has been mostly wedging higher without great volume conviction since last noted in the 8/21/11 mid-day report - "Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2011 versus the year ago period, beating estimates and raising guidance. Also announced that it expects to issue $350 million of notes in its fiscal second quarter pursuant to its existing Master Note Purchase Agreement. It found prompt support at its 200 DMA line after it was dropped from the Featured Stocks list on 8/08/11. Its choppy action is not a sound base pattern."
8/30/2011 1:25:27 PM - Hit a new all-time high today. Previous mid-day reports cautioned - "Its choppy action is not a sound base pattern." It has been mostly wedging higher without great volume conviction since last noted in the 8/21/11 mid-day report - "Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2011 versus the year ago period, beating estimates and raising guidance. Also announced that it expects to issue $350 million of notes in its fiscal second quarter pursuant to its existing Master Note Purchase Agreement. It found prompt support at its 200 DMA line after it was dropped from the Featured Stocks list on 8/08/11. Its choppy action is not a sound base pattern."
8/21/2011 4:40:36 PM - Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2011 versus the year ago period, beating estimates and raising guidance. Also announced that it expects to issue $350 million of notes in its fiscal second quarter pursuant to its existing Master Note Purchase Agreement. It found prompt support at its 200 DMA line after it was dropped from the Featured Stocks list on 8/08/11. Its choppy action is not a sound base pattern.
8/17/2011 12:23:45 PM - Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2011 versus the year ago period, beating estimates and raising guidance. Also announced that it expects to issue $350 million of notes in its fiscal second quarter pursuant to its existing Master Note Purchase Agreement. Following the news on the prior session it gapped down but then gradually rebounded into positive territory. It found prompt support at its 200 DMA line after it was dropped from the Featured Stocks list on 8/08/11. Its choppy action is not a sound base pattern.
8/16/2011 12:57:23 PM - Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2011 versus the year ago period, beating estimates and raising guidance. Also announced that it expects to issue $350 million of notes in its fiscal second quarter pursuant to its existing Master Note Purchase Agreement. Following the news today it gapped down but then gradually rebounded into positive territory. It found prompt support at its 200 DMA line after it was dropped from the Featured Stocks list on 8/08/11. Its choppy action is not a sound base pattern.
8/8/2011 4:59:53 PM - Today it gapped down under prior lows near $81 and tested its 200 DMA line, closing -18% off its high. Based on its weak technical action it will be dropped from the Featured Stocks list tonight.
8/8/2011 4:43:41 PM - Today it gapped down under prior lows near $81 and tested its 200 DMA line, closing -18% off its high. Based on its weak technical action it will be dropped from the Featured Stocks list tonight.
8/5/2011 5:56:53 PM - G - Traded near under prior lows near $81 and nearly tested its 200 DMA line at the session low before rebounding to close in the middle of its intra-day range.
8/4/2011 5:46:17 PM - G - Gapped down today for another damaging loss with above average volume, closing further below its 50 DMA line. Prior lows near $81 define near-term support to watch above its 200 DMA line.
8/3/2011 7:43:54 PM - G - Positive reversal today for a volume-driven gain, repairing its 50 DMA violation promptly after a streak of 5 consecutive damaging losses triggered a technical sell signal and raised more serious concerns. Color code was changed to green due to weak action after this riskier late-stage setup stalled following a rally to new 52-week highs.
8/2/2011 4:16:06 PM - G - Today's 5th consecutive loss on heavier volume led to a 50 DMA line violation, triggering a technical sell signal and raising more serious concerns. Color code is changed to green due to weak action after this riskier late-stage setup stalled following a rally to new 52-week highs.
8/1/2011 6:31:11 PM - Y - Today's 4th consecutive loss on heavier volume led to a slump further below its pivot point and tested its 50 DMA line, raising more concerns. A gain with sufficient volume did not recently confirm a proper technical buy signal. This riskier late-stage setup stalled after rallying to a new 52-week high.
7/27/2011 5:45:43 PM - Y - A loss today with average volume led to a slump back just under its pivot point, raising concerns. A gain with sufficient volume did not recently confirm a proper technical buy signal. This riskier late-stage setup stalled after rallying to a new 52-week high. Some may have considered its 7/13/11 gain a technical breakout from a cup shaped base without a handle, but its close in the middle of the day's range left it short of its pivot point.
7/25/2011 5:55:58 PM - Y - A strong rally above the pivot point cited with sufficient volume has not yet confirmed a proper technical buy signal. It is considered a riskier late-stage setup that stalled after recently rallying to a new 52-week high. Some may have considered its 7/13/11 gain a technical breakout from a cup shaped base without a handle, but its close in the middle of the day's range left it short of its pivot point.
7/20/2011 6:40:01 PM - Y - Gapped up today touching a new high, but it lacked volume conviction and promptly reversed into the red for a quiet loss. A strong volume-driven gain and close above its pivot point may trigger a technical buy signal, however it is considered a riskier late-stage setup.
7/19/2011 3:55:31 PM - Y - Gapped up today and it is poised to finish at a new high close without great volume conviction behind its gain. A strong volume-driven gain and close above its pivot point may trigger a technical buy signal, however it is considered a riskier late-stage setup.
7/18/2011 7:43:00 PM - Y - Quietly consolidating since hitting a new 52-week high on 7/13/11, it may be forming a high handle following a previously noted orderly saucer shaped base pattern. A strong volume-driven gain and close above its pivot point may trigger a technical buy signal, however it is considered a riskier late-stage setup.
7/13/2011 9:37:59 PM - Y - Hit a new 52-week high today after a small gap up, rising from an orderly saucer shaped 11-week base with a shorter than 1-week handle. Color code was changed to yellow with new pivot point cited based on its 52-week high plus 10 cents. A strong volume-driven gain and close above its pivot may trigger a technical buy signal, however it is considered a riskier late-stage setup. See the latest FSU analysis for more details and a new annotated graph.
7/13/2011 1:08:54 PM - Y - Hit a new 52-week high today after a small gap up, rising from an orderly saucer shaped 11-week base with a shorter than 1-week handle. Color code is changed to yellow with new pivot point cited based on its 52-week high plus 10 cents. A strong volume-driven gain and close above its pivot may trigger a technical buy signal, however it is considered a riskier late-stage setup. Last noted in the 5/03/11 mid-day report - "Disciplined investors may watch for secondary buy points to possibly develop and be noted. Found support at its 50 DMA line, and made steady progress following its 1/20/11 breakaway gap'. Found support near its 200 DMA line since noted on 11/09/10 when it was dropped from the Featured Stocks list - 'Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010.'"
5/3/2011 1:29:57 PM - Reported earnings +32% on +29% sales for the quarter ended March 31, 2011. Down today with above average volume for a 4th consecutive loss, pulling back from new all-time highs hit last week. It is extended from any sound base, and disciplined investors may watch for secondary buy points to possibly develop and be noted. Found support at its 50 DMA line, and made steady progress following its 1/20/11 "breakaway gap". Found support near its 200 DMA line since noted on 11/09/10 when it was dropped from the Featured Stocks list - "Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010."
4/12/2011 1:03:53 PM - Up again today after a considerable gap up gain on 4/11/11 for a new all-time high, extended from any sound base. Found support at its 50 DMA line, and made steady progress following its 1/20/11 "breakaway gap". Reported earnings +44% on +23% sales for the quarter ended Dec 31, 2010 and found support near its 200 DMA line since noted on 11/09/10 when it was dropped from the Featured Stocks list - "Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010."
4/11/2011 12:26:45 PM - Considerable gap up gain today for a new all-time high. Found support at its 50 DMA line but did not build a sound base following its 1/20/11 "breakaway gap" into new high territory. It reported earnings +44% on +23% sales for the quarter ended Dec 31, 2010. Found support near its 200 DMA line since noted on 11/09/10 when it was dropped from the Featured Stocks list - "Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010."
2/1/2011 1:48:45 PM - Consolidating above prior resistance in the $68 area following its 1/20/11 "breakaway gap" into new high territory. It reported earnings +44% on +23% sales for the quarter ended Dec 31, 2010. Its Relative Strength line did not lead the way or provide confirmation, and its RS rank (now 79) is near the minimum guideline. Found support near its 200 DMA line since last noted on 11/09/10 when it was dropped from the Featured Stocks list - "Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010."
11/9/2010 - Down considerably today with more than 5 times average volume, violating its 50 DMA line and prior lows triggering technical sell signals. While it may find support near its 200 DMA line, only a prompt rebound above its short-term average would help its outlook. Based on deterioration it will be dropped from the Featured Stocks list tonight. Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010.
11/9/2010 - Down considerably today with more than 5 times average volume, violating its 50 DMA line and prior lows triggering technical sell signals. While it may find support near its 200 DMA line, only a prompt rebound above its short-term average would help its outlook. Based on deterioration it will be dropped from the Featured Stocks list tonight. Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010.
11/9/2010 - Down considerably today with heavy volume, violating its 50 DMA line and prior lows triggering technical sell signals. Only a prompt rebound above its short-term average would help its outlook. Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010.
11/3/2010 5:34:43 PM - G - Sank near its 50 DMA line and prior lows with a second consecutive loss on heavy volume today following a worrisome negative reversal after it hit a new 52-week high on the prior session. Color code is changed to green based on disappointing technical action and weaker earnings growth in the latest quarter. Reported its smallest percentage earnings increase in 5 quarters, after +73%, +56%, +52%, +42%, in the Sept '09, Dec '09, Mar '10, and Jun '10 quarters respectively versus the year ago periods, its earnings were up just +23% for the latest quarter ended September 30, 2010.
11/2/2010 1:00:14 PM - Y - Hit a new 52-week high today and briefly traded above its "max buy" level before reversing into the red. Reported +23% earnings on +21% sales revenues for the quarter ended September 30, 2010. That marks its smallest percentage earnings increase in 5 quarters. Recently building a base-on-base type pattern above support at its 50 DMA line. Confirming gains to new highs with above average volume would be a very reassuring sign that it may be capable of a sustained advance in price.
11/2/2010 10:29:34 AM - Y - Hit a new 52-week high today following its latest strong earnings report and briefly traded above its "max buy" level. Recently building a base-on-base type pattern above support at its 50 DMA line. Confirming gains to new highs with above average volume would be a very reassuring sign that it may be capable of a sustained advance in price.
11/1/2010 11:07:18 AM - Y - After a small gap up today it is poised for its best ever close. A streak of small gains with very light volume has marked its recent consolidation above its pivot point and below its "max buy" level. Building a base-on-base type pattern, its 50 DMA line defines important chart support. Confirming gains to new highs with above average volume would be a reassuring sign it may be capable of a sustained advance.
10/28/2010 3:46:24 PM - Y - Volume totals have been cooling and today it is perched near its best ever close after inching higher for 6 consecutive small gains on very light volume. While its consolidation above its pivot point and below its "max buy" level continues, looking like a healthy base-on-base pattern, its 50 DMA line defines important chart support. Confirming gains to new highs with above average volume would be a reassuring sign it may be capable of a sustained advance.
10/25/2010 5:12:45 PM - Y - Light volume consolidation above its pivot point and below its "max buy" level continues. More damaging losses would raise concerns, meanwhile its 50 DMA line defines important chart support.
10/20/2010 5:07:55 PM - Y - Small gap up gain today with lighter volume following 5 consecutive small losses with light or near average volume. Consolidating near its pivot point. More damaging losses would raise concerns, meanwhile its 50 DMA line defines important chart support.
10/19/2010 4:14:11 PM - Y - Down today for a 5th consecutive small loss with light or near average volume, closing below its pivot point. More damaging losses would raise concerns, meanwhile its 50 DMA line defines important chart support.
10/12/2010 5:17:54 PM - Y - Gain today with light volume led to its best ever close by just a few cents. Its action has been healthy and volume totals have cooled in recent weeks while it has consolidated in a tight range between its pivot point and "max buy" levels
10/5/2010 5:53:54 PM - Y - Gapped up today for a gain on lighter volume. Its 9/24/10 gap up gain with +50% above average volume for a new 52-week high triggered a technical buy signal with volume near the minimum guideline. It was first featured in the 9/15/10 mid-day report.
9/27/2010 5:54:05 PM - Y - Pulled back today on lighter volume. Its 9/24/10 gap up gain with +50% above average volume for a new 52-week high triggered a technical buy signal with volume near the minimum guideline. It was first featured in the 9/15/10 mid-day report.
9/24/2010 12:54:17 PM - Y - Gapped up today and hit a new 52-week high, and the volume is near its average daily volume total at mid-day, running at an above average pace. To trigger a proper technical buy signal volume should be at least +50% above average with a gain above its pivot point.
9/24/2010 11:50:36 AM - Y - Gapped up today and hit a new 52-week high. To trigger a proper technical buy signal volume should be at least +50% above average with a gain above its pivot point.
9/20/2010 5:45:34 PM - Y - Gain today with light volume, closing -3.5% off its 52-week high. Distributional pressure was noted last week after, technically, it did not trigger a proper technical buy signal.
9/17/2010 1:53:31 PM - Y - Pulling back further today following a negative reversal on the prior session after reaching a new 52-week high, a sign of distributional pressure. Technically, it did not trigger a proper technical buy signal with its recent action.
9/16/2010 1:04:58 PM - Y - Gapped up today and hit a new 52-week high, then quickly reversed into the red, a sign it may be encountering distributional pressure. After an orderly 5-month base, its color code was changed to yellow, while confirming gains with above average volume and a close above the pivot point cited would trigger a technical buy signal. No overhead supply remains to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues showed a +22% increase (acceleration) in the latest quarter. It has shown very strong quarterly earnings increases and has a good annual earnings (A criteria) history.
9/15/2010 6:41:51 PM - Y - Rallied near its 52 week high and finished at a new high close today. After an orderly 5-month base, its color code was changed to yellow, while confirming gains with above average volume and a close above the pivot point cited would trigger a technical buy signal. No overhead supply remains to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues showed a +22% increase (acceleration) in the latest quarter. It has shown very strong quarterly earnings increases and has a good annual earnings (A criteria) history.
9/15/2010 1:42:30 PM - Y - Rallying near its 52 week high today after an orderly 5-month base. Color code is changed to yellow, while subsequent gains with above average volume and a close above the pivot point cited would trigger a technical buy signal. No overhead supply remains to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues showed a +22% increase (acceleration) in the latest quarter. It has shown very strong quarterly earnings increases and has a good annual earnings (A criteria) history.
5/12/2010 12:58:48 PM - Rallying near its 52 week high today after finding support near its 50 DMA line last week. Heavy volume was behind its considerable gain when noted in the 4/29/10 mid-day report as it hit a new all-time high after reporting earnings +52% on +6% better sales revenues for the quarter ended March 31, 2010 versus the year-ago period. Noted in the mid-day report on 3/23/10 when gapping up on news - "buying infant formula maker PBM Holdings Inc. for $808 million in cash. Technically it has risen from a '3-weeks tight' type pattern with its breakaway gap. Prior mid-day reports in early February noted that no overhead supply was there to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues increases in the past 4 quarterly comparisons have been up in the +5% to +16% range, not especially strong and steady, and below the +25% guideline. It produced very strong earnings increases in the Sept and Dec '09 quarters, +61% and +56%, respectively. It also has a good annual earnings (A criteria) history."
4/29/2010 12:56:30 PM - Rising from a brief and orderly consolidation above is 50 DMA line with heavy volume behind its considerable gain today for a new all-time high after reporting earnings +52% on +6% better sales revenues for the quarter ended March 31, 2010 versus the year-ago period. Last noted in the mid-day report on 3/23/10 when gapping up on news - "buying infant formula maker PBM Holdings Inc. for $808 million in cash. Technically it has risen from a '3-weeks tight' type pattern with its breakaway gap. Prior mid-day reports in early February noted that no overhead supply was there to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues increases in the past 4 quarterly comparisons have been up in the +5% to +16% range, not especially strong and steady, and below the +25% guideline. It produced very strong earnings increases in the Sept and Dec '09 quarters, +61% and +56%, respectively. It also has a good annual earnings (A criteria) history."
3/23/2010 12:57:09 PM - Gapped up today for a new all-time high on news it is buying infant formula maker PBM Holdings Inc. for $808 million in cash. Technically it has risen from a "3-weeks tight" type pattern with its breakaway gap. Prior mid-day reports in early February noted that no overhead supply was there to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues increases in the past 4 quarterly comparisons have been up in the +5% to +16% range, not especially strong and steady, and below the +25% guideline. It produced very strong earnings increases in the Sept and Dec '09 quarters, +61% and +56%, respectively. It also has a good annual earnings (A criteria) history.
3/5/2010 2:35:55 PM - Encountering some distributional pressure this week. After steadily marching into all-time high territory it is extended far from any sound base. Prior mid-day reports in early February noted that no overhead supply was there to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues increases in quarterly comparisons have not been especially strong and steady, yet it has produced better than +25% earnings increase in 5 of the past 8 comparisons and showed very strong earnings increases in the Sept and Dec '09 quarters, +61% and +56%, respectively. It has a good annual earnings (A criteria) history.
2/19/2010 1:30:44 PM - This week it has quietly wedged higher into all-time high territory, leaving it extended too far from any sound base. Prior mid-day reports in early February noted that no overhead supply was there to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues increases in quarterly comparisons have not been especially strong and steady, yet it has produced better than +25% earnings increase in 5 of the past 8 comparisons and showed very strong earnings increases in the Sept and Dec '09 quarters, +61% and +56%, respectively. It has a good annual earnings (A criteria) history.
2/3/2010 1:16:29 PM - Today marks its 3rd consecutive appearance in the mid-day report as it is rising further into new all-time high territory. Its positive reversal on 2/02/10 was noted and on 2/01/10 it was noted for having cleared its 2008 high, leaving no overhead supply to act as resistance. The high-ranked Medical - Generic Drugs firm's sales revenues and earnings increases on a quarterly basis have been above average, but not as strong and steady as strict guidelines of the investment system require.
2/2/2010 12:38:33 PM - Quarterly sales revenues and earnings increases on a quarterly basis have been above average, yet not as strong and steady as strict guidelines of the investment system suggest. Gapped down today and then positively reversed for a gain on above average volume, rallying into new all-time high territory. In recent weeks it rallied above its 2008 high, and no overhead supply exists to act as resistance now.
2/1/2010 1:00:12 PM - Perched near all-time highs after recently clearing its 2008 high. Quarterly sales revenues and earnings increases on a quarterly and annual basis have not been strong and steady enough to meet strict guidelines of the investment system.
3/24/2008 1:39:56 PM - On course for a 4th consecutive gain on above average volume to new all-time highs. Sales growth history is under guidelines but improving. Annual earnings history is unimpressive (questionable A criteria), however it has shown strong quarterly earnings increases in the 3 most recent comparisons (good C criteria).
3/20/2008 1:32:36 PM - Third consecutive gain on above average volume to new all-time highs. Sales growth history is under guidelines but improving. Annual earnings history is unimpressive (questionable A criteria), however it has shown strong quarterly earnings increases in the 3 most recent comparisons (good C criteria).
3/14/2008 12:40:40 PM - Sales growth history is under guidelines but improving. Annual earnings history (A criteria) is unimpressive. Strong quarterly earnings increases in recent comparisons. Trading near all-time highs after basing for about 5 months in the $29-36 range.
12/21/2007 2:18:34 PM - Moving higher after recently gapping up to a new high (Dec 11th) with heavy volume behind its gains after the company raised guidance when it announced key FDA approvals. Rising recently from a tight consolidation pattern with volume above average behind many of its latest gains. Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth history is under guidelines and annual history (A criteria) is unimpressive.
12/20/2007 1:25:21 PM - Moving higher after recently gapping up to a new high (Dec 11th) with heavy volume behind its gains after the company raised guidance when it announced key FDA approvals. Rising recently from a tight consolidation pattern with volume above average behind many of its latest gains. Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth history is under guidelines and annual history (A criteria) is unimpressive.
12/19/2007 12:59:29 PM - Moving higher after recently gapping up to a new high (Dec 11th) with heavy volume behind its gains after the company raised guidance when it announced key FDA approvals. Rising recently from a tight consolidation pattern with volume above average behind many of its latest gains. Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth history is under guidelines and annual history (A criteria) is unimpressive.
12/11/2007 1:39:50 PM - Gapped up to a new high with heavy volume behind its gains after the company raised guidance when it announced key FDA approvals. Rising recently from a tight consolidation pattern with volume above average behind many of its latest gains. Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth history is under guidelines and annual history (A criteria) is unimpressive.
12/3/2007 1:57:10 PM - Rising recently from a 3-weeks tight type pattern with volume running at an above average pace behind its latest gains. Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth history is under guidelines.
11/28/2007 1:20:59 PM - Rising from a 3-weeks tight type pattern with volume running at an above average pace behind its latest gains. Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth history is under guidelines.
11/8/2007 2:25:15 PM - Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth under guidelines. Extended from its prior base.
11/7/2007 2:01:17 PM - Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth under guidelines. Extended from its prior base.
11/6/2007 2:41:34 PM - Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth under guidelines.
11/5/2007 1:58:55 PM - Broke out on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth under guidelines.
11/2/2007 1:16:45 PM - Blasted on higher volume 11/01/07 after reporting strong earnings and raising guidance. Sales growth under guidelines.