9/21/2015 1:59:51 PM - Abruptly pulling back today with a big volume-driven loss after briefly rebounding above the 50 DMA line. Sputtering since dropped from the Featured Stocks list on 8/24/15, and it faces resistance due to overhead supply up through the $263 level.

8/24/2015 7:06:19 PM - Undercut prior lows with damaging volume-driven losses today. Widespread market weakness (M criteria) is cause for concern. Will be dropped from the Featured Stocks list tonight. A rebound above the 50 DMA line is needed for its outlook to improve.

8/21/2015 4:37:44 PM - G - Slumped further below its 50 DMA line after damaging volume-driven losses triggering a technical sell signal. Widespread market weakness (M criteria) is cause for concern.

8/20/2015 3:56:43 PM - G - Violating its 50 DMA line with a damaging volume-driven loss triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook.

8/19/2015 4:02:12 PM - Y - Still quietly consolidating above prior highs and its 50 DMA line ($239.51). Endured distributional pressure after wedging higher with recent gains lacking great volume conviction.

8/18/2015 2:18:01 PM - Y - Quietly consolidating above its 50 DMA line. Endured distributional pressure after wedging higher with recent gains lacking great volume conviction. Its 7/23/15 gap up above the pivot point triggered a new (or add-on) technical buy signal.

8/12/2015 7:05:35 PM - Y - Undercut its 50 DMA line then found prompt support and closed in the upper third of its intra-day range. Endured distributional pressure after wedging higher with recent gains lacking great volume conviction. Its 7/23/15 gap up above the pivot point triggered a new (or add-on) technical buy signal.

8/6/2015 1:31:17 PM - Y - Pulling back today with higher volume, a sign of distributional pressure after wedging higher with recent gains lacking great volume conviction. Prior highs in the $246 area define initial support above the 50 DMA line. Its 7/23/15 gap up above the pivot point triggered a new (or add-on) technical buy signal.

8/3/2015 5:44:25 PM - Y - Holding its ground after its 7/23/15 gap up above the pivot point triggered a new (or add-on) technical buy signal. Prior highs in the $246 area define initial support above the 50 DMA line. See the latest FSU analysis for more details and a new annotated graph.

7/29/2015 4:02:19 PM - Y - Bullish action continued after its 7/23/15 gap up above the pivot point triggered a new (or add-on) technical buy signal. Prior highs in the $246 area define initial support above the 50 DMA line ($234.90).

7/23/2015 1:11:17 PM - Y - Reported earnings +34% on +34% sales revenues for the Jun '15 quarter. Volume and volatility often increase near earnings news. It gapped up above the pivot point and hit a new 52-week high with above average volume behind its gain triggering a new (or add-on) technical buy signal. The 50 DMA line ($231) and recent low ($219.56 on 6/29/15) define near-term support levels to watch.

7/22/2015 6:37:07 PM - Y - Due to report earnings 7/23/15 and volume and volatility often increase near earnings news. Still quietly perched within close striking distance of its 52-week high. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. The 50 DMA line ($231) and recent low ($219.56 on 6/29/15) define near-term support levels to watch.

7/17/2015 2:09:04 PM - Y - Pulling back quietly today after recent gains challenging its 52-week high lacked great volume conviction. A new pivot point was recently cited based on its 5/28/15 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Damaging losses below the recent low ($219.56 on 6/29/15) would raise concerns and trigger a more worrisome technical sell signal.

7/14/2015 5:45:33 PM - Y - Color code is changed to yellow with new pivot point cited based on its 5/28/15 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Gains above its 50 DMA line were backed by light volume. Damaging losses below the recent low ($219.56 on 6/29/15) would raise concerns and trigger a more worrisome technical sell signal. See the latest FSU analysis for more details and new annotated graphs.

7/10/2015 3:33:15 PM - G - Rebounding above its 50 DMA line with today's gain backed by light volume. Damaging losses below the recent low ($219.56 on 6/29/15) would raise concerns and trigger a more worrisome technical sell signal.

7/8/2015 8:43:59 PM - G - Sputtering just below its 50 DMA line. More damaging losses below the recent low ($219.56 on 6/29/15) would raise concerns and trigger a more worrisome technical sell signal.

7/7/2015 10:48:04 AM - G - Continues to violate 50 DMA after rallying over 60% above its most recent breakout. Continued negative price action would raise concerns and possibly trigger a technical sell signal.

6/26/2015 12:53:45 PM - Y - Its brief consolidation above its 50 DMA line ($225.65) may be a riskier "late stage" base currently being formed. A subsequent violation of the 50 DMA line would trigger a technical sell signal.

6/23/2015 6:49:24 PM - G - Consolidation above its 50 DMA line may be a riskier "late stage" base being formed. A subsequent violation of the 50 DMA line would trigger a technical sell signal.

6/16/2015 6:05:20 PM - G - Consolidation above its 50 DMA line defining near term support is not a sound base of sufficient length. See the latest FSU analysis for more details and new annotated graphs.

6/11/2015 1:29:16 PM - G - Prior loss on higher volume was indicative of mild distributional pressure. Consolidating well above its 50 DMA line ($219.68) which defines near term support, and it has not formed a sound base.

6/10/2015 5:52:59 PM - G - Pulled back again today on higher volume indicative of more distributional pressure. Consolidating well above its 50 DMA line ($219.01) which defines near term support, and it has not formed a sound base.

6/9/2015 5:44:58 PM - G - Pulled back today on higher volume indicative of mild distributional pressure. Consolidating well above its 50 DMA line, and it has not formed a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

6/4/2015 7:18:32 PM - G - Pulling back after getting extended from prior highs. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

6/2/2015 6:19:52 PM - G - Volume totals have been cooling while hovering near all-time highs, extended from prior highs. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

5/28/2015 1:30:00 PM - G - Hitting yet another new all-time high today, getting very extended from prior highs. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

5/27/2015 6:41:10 PM - G - Posted a gain today with higher volume for another new all-time high. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

5/22/2015 6:06:04 PM - G - Wedged higher with today's 7th consecutive gain lacking great volume conviction. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph.

5/19/2015 3:49:33 PM - G - Wedging higher with today's 4th consecutive small gain lacking great volume conviction. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

5/13/2015 8:26:33 PM - G - Hovering near all-time highs after volume-driven gains. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

5/7/2015 8:58:15 PM - G - Perched near all-time highs after 4 consecutive volume-driven gains. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and new annotated graphs.

5/4/2015 5:40:27 PM - G - Paused at all-time highs after 4 consecutive volume-driven gains. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

4/30/2015 1:06:33 PM - G - Tallying gains with above average volume for new all-time highs. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria).

4/29/2015 5:32:03 PM - G - Big gain with above average volume today, finishing strong and hitting a new all-time high. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after its sub par Dec '14 earnings below the +25% minimum guideline (C criteria) raised concerns.

4/27/2015 6:10:02 PM - G - Finished at the session low today with a big loss on near average volume while slumping near its 50 DMA line. Completed a new Public Offering on 3/17/15. Earnings for Dec '14 quarter raised concerns. Recent low ($186.20 on 3/11/15) and its 50 DMA line ($199.05) define near-term support to watch.

4/20/2015 1:05:55 PM - G - Still consolidating near all-time highs with volume-totals cooling in recent weeks while stubbornly holding its ground. Completed a new Public Offering on 3/17/15. Earnings for Dec '14 quarter raised concerns. Recent low ($186.20 on 3/11/15) and its 50 DMA line define near-term support to watch.

4/14/2015 8:18:48 PM - G - Perched at all-time highs. Stubbornly held its ground after completing a new Public Offering on 3/17/15. Earnings for Dec '14 quarter raised concerns. Recent low ($186.20 on 3/11/15) and its 50 DMA line define near-term support to watch. See the latest FSU analysis for more details and new annotated graphs.

4/13/2015 6:16:04 PM - G - Hit another new high with light volume behind today's small gain. Stubbornly held its ground after completing a new Public Offering on 3/17/15. Earnings for Dec '14 quarter raised concerns. Recent low ($186.20 on 3/11/15) and its 50 DMA line define near-term support to watch.

4/8/2015 4:35:59 PM - G - Rallied for a best-ever close today. Stubbornly held its ground after completing a new Public Offering on 3/17/15. Earnings for Dec '14 quarter raised concerns. Its recent low ($186.20 on 3/11/15) and its 50 DMA line define near-term support to watch.

4/6/2015 6:46:36 PM - G - Stubbornly holding its ground after completing a new Public Offering on 3/17/15 while consolidating near its all-time high. Earnings for Dec '14 quarter raised concerns. Its recent low ($186.20 on 3/11/15) and its 50 DMA line define near-term support to watch.

3/30/2015 7:46:10 PM - G - Completed a new Public Offering on 3/17/15 while consolidating near its all-time high. Earnings for Dec '14 quarter raised concerns. Its recent low ($186.20 on 3/11/15) and its 50 DMA line ($182.27) define near-term support to watch.

3/24/2015 5:21:03 PM - G - Completed a new Public Offering on 3/17/15 while consolidating near its all-time high. Earnings for Dec '14 quarter raised concerns. Its 50 DMA line defines the closest support level to watch. See the latest FSU analysis for more details and new annotated graphs.

3/23/2015 5:38:31 PM - G - Completed a new Public Offering on 3/17/15 while consolidating near its all-time high. Salix Pharmaceuticals (SLXP) recently accepted its increased buyout offer. VRX's latest earnings for Dec '14 quarter raised concerns. Its 50 DMA line ($177.88) defines the closest support to watch.

3/16/2015 6:06:50 PM - G - Rose today on near average volume after Salix Pharmaceuticals (SLXP) accepted its increased buyout offer. VRX's latest earnings for Dec '14 quarter raised concerns. It is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

3/11/2015 6:26:49 PM - G - Down today on heavy volume after news Endo International (ENDP) made an unsolicited offer to buy Salix Pharmaceuticals (SLXP). VRX's latest earnings for Dec '14 quarter raised concerns. It is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

3/9/2015 4:25:44 PM - G - Rallied with above average volume today for a best-ever close. Stubbornly held its ground since gapping up on 2/23/15 on M&A news. Latest earnings for Dec '14 quarter raised concerns, however, and it is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

3/3/2015 6:53:31 PM - G - Still stubbornly holding its ground since gapping up on 2/23/15 on M&A news. Latest earnings for Dec '14 quarter raised concerns and it is very extended from any sound base. Its 50 DMA line defines the closest support to watch. See the latest FSU analysis for more details and new annotated graphs.

3/2/2015 1:02:32 PM - G - Still stubbornly holding its ground since gapping up on 2/23/15 for a considerable volume-driven gain and new all-time highs on news it will acquire Salix Pharmaceuticals (SLXP). It is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

2/27/2015 1:09:34 PM - G - Holding its ground stubbornly since gapping up on 2/23/15 for a considerable volume-driven gain hitting new all-time highs on news it plans to acquire Salix Pharmaceuticals (SLXP). It is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

2/25/2015 1:00:34 PM - G - Gapped up on 2/23/15 for a considerable volume-driven gain hitting new all-time highs on news it plans to acquire Salix Pharmaceuticals (SLXP). It is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

2/24/2015 1:34:16 PM - G - Gapped up on the prior session for a considerable volume-driven gain hitting new all-time highs on news it plans to acquire Salix Pharmaceuticals (SLXP). It is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

2/23/2015 12:55:05 PM - G - Gapped up today for a considerable volume-driven gain hitting new all-time highs on news it plans to acquire Salix Pharmaceuticals (SLXP). It is very extended from any sound base. Its 50 DMA line defines the closest support to watch.

2/20/2015 1:12:34 PM - G - Hitting new 52-week and all-time highs with today's gain backed by above average volume, getting more extended from any sound base. Prior highs and its 50 DMA line define important near-term support to watch.

2/17/2015 2:12:11 PM - G - Poised for a best-ever close with today's gain backed by light volume, getting more extended from any sound base. Prior highs and its 50 DMA line define important near-term support to watch.

2/12/2015 5:06:32 PM - G - Hit another new high with above average volume behind today's 3rd consecutive gain. Extended from any sound base. Prior highs and its 50 DMA line define important near-term support to watch. See the latest FSU analysis for more details and new annotated graphs.

2/10/2015 7:22:23 PM - G - Extended from any sound base and wedging higher with recent gains lacking great volume conviction. Prior highs and is 50 DMA line ($150.04) now coincide and define important near-term support to watch.

2/5/2015 12:54:11 PM - G - Holding its ground following a "negative reversal" on 2/03/15, and it is extended from any sound base. Its 50 DMA line ($148.95) defines near-term support to watch.

2/2/2015 6:24:32 PM - G - Rallied for a best-ever close with below average volume behind today's gain, getting more extended from any sound base. Its 50 DMA line defines near-term support to watch.

1/28/2015 6:28:44 PM - G - Reversed into the red for a small loss on average volume after hitting another new 52-week high today. Extended from any sound base. Its 50 DMA line defines near-term support to watch.

1/23/2015 5:38:59 PM - G - Color code was changed to green after quietly rising above its "max buy" level, getting extended from its prior base. Prior highs in the $149 area define initial support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs.

1/20/2015 6:53:16 PM - Y - Color code is changed to yellow while quietly consolidating just below its "max buy" level. Prior highs in the $149 area define initial support to watch on pullbacks.

1/13/2015 6:31:10 PM - G - Color code is changed to green after rallying above its "max buy" level today and hitting new 52-week and all-time highs with another volume-driven gain.

1/8/2015 1:24:47 PM - Y - Gapped up today hitting new 52-week and all-time highs with a considerable volume-driven gain, rallying above the new pivot point and triggering a technical buy signal. Went through a deep consolidation below its 200 DMA line then rebounded since dropped from the Featured Stocks list on 4/04/14. See the latest FSU analysis for more details and an annotated daily graph.


1/6/2015 6:40:40 PM - Y - Fundamentals remain strong with earnings above the +25% minimum guideline (C criteria) through the Sep '14 quarter. Highlighted in yellow in the 1/05/15 mid-day report with new pivot point cited based on the 12/22/14 high while building a cup-with-handle base. Subsequent volume-driven gains above the pivot point may trigger a new technical buy signal. Faces little resistance due to overhead supply up through the $153 level. Went through a deep consolidation below its 200 DMA line then rebounded since dropped from the Featured Stocks list on 4/04/14. See the latest FSU analysis for more details and a new annotated daily graph.


1/5/2015 1:37:54 PM - Y - Fundamentals remain strong with earnings above the +25% minimum guideline (C criteria) through the Sep '14 quarter. Color code is changed to yellow with new pivot point cited based on the 12/22/14 high while building a cup-with-handle base. Subsequent volume-driven gains above the pivot point may trigger a new technical buy signal. Faces little resistance due to overhead supply up through the $153 level. Went through a deep consolidation below its 200 DMA line then rebounded since dropped from the Featured Stocks list on 4/04/14.


11/18/2014 12:32:13 PM - Fundamentals remain strong with earnings above the +25% minimum guideline (C criteria) through the Sep '14 quarter. Tallying its 7th consecutive gain today, working through resistance due to overhead supply up through the $153 level which may hinder upward price progress. Went through a deep consolidation below its 200 DMA line then rebounded since dropped from the Featured Stocks list on 4/04/14.

11/17/2014 1:16:41 PM - Fundamentals remain strong with earnings above the +25% minimum guideline (C criteria) through the Sep '14 quarter. Faces resistance due to overhead supply up through the $153 level which may hinder upward price progress. Went through a deep consolidation below its 200 DMA line then rebounded since dropped from the Featured Stocks list on 4/04/14.

4/4/2014 12:49:22 PM - Today's loss led to a violation of its recent low ($124.67 on 3/27/14) which raises more serious concerns. A rally back above the 50 DMA line is needed to help its outlook improve. Faces resistance due to overhead supply up through $153 which may hinder any upward price progress. It will be dropped from the Featured Stocks list tonight.

4/3/2014 5:31:01 PM - G - Slumped today after 4 consecutive gains. A violation of its recent low ($124.67 on 3/27/14) would raise more serious concerns. A rally back above the 50 DMA line is needed to help its outlook improve.

4/2/2014 5:31:49 PM - G- Rebounded toward its 50 DMA line with today's 4th consecutive gain. A rally back above the 50 DMA line is needed to help its outlook improve. See the latest FSU analysis for more details and new annotated graphs.

3/31/2014 6:57:44 PM - G- Still consolidating below its 50 DMA line after damaging losses triggered a technical sell signal. A rebound above the 50 DMA line is needed to help its outlook improve.

3/26/2014 1:56:35 PM - G- Slumping further below its 50 DMA line and below Monday's lows today. Damaging losses were recently noted as weakness triggered a technical sell signal.

3/24/2014 6:30:55 PM - G- Slumped further below its 50 DMA line today with another damaging loss on higher above average volume. Triggered a technical sell signal with its violation in the prior session when noted - "Only a prompt rebound above the 50 DMA line would help its outlook."

3/21/2014 7:55:39 PM - G- Slumped below its 50 DMA line today amid weakness in pharmaceutical stocks with a damaging loss on higher volume triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook.

3/17/2014 6:44:14 PM - G - Consolidating just above its 50 DMA line ($137.66) which defines near-term support. A more damaging violation may raise serious concerns and trigger a more worrisome technical sell signal. See the latest FSU analysis for more details and new annotated graphs.

3/13/2014 12:40:00 PM - G - Consolidating just above its 50 DMA line ($136) which defines near-term support. A more damaging violation may raise serious concerns and trigger a more worrisome technical sell signal.

3/7/2014 1:16:35 PM - G - Testing its 50 DMA line ($134) which defines near-term support. A more damaging violation may raise serious concerns and trigger a more worrisome technical sell signal.

3/6/2014 3:26:40 PM - G - Down considerably today for its largest one-day loss on very heavy volume, weak action considered to be a technical sell signal. Pulling back from new all-time highs hit last week. Slumping near its 50 DMA line ($134) which defines near-term support where a violation may raise more serious concerns and trigger a more worrisome technical sell signal.

3/3/2014 1:08:07 PM - G - Reported +76% earnings on +109% sales revenues for the Dec '13 quarter. Pulling back from new all-time highs hit last week. Its 50 DMA line ($132) defines near-term support to watch.

2/27/2014 9:31:09 PM - G - Reported +76% earnings on +109% sales revenues for the Dec '13 quarter. Hit new all-time highs again today. On track for a 9th weekly gain in 10 weeks, very extended from any sound base. See the latest FSU analysis for more details and new annotated graphs.

2/27/2014 1:05:13 PM - G - Reported better than expected Dec '13 quarterly results and hit new all-time highs again today. It is very extended from any sound base. Its 50 DMA line and recent lows coincide near $130 defining important near-term support to watch.

2/26/2014 1:30:47 PM - G - Due to report Dec '13 quarterly results on Thursday. Hitting new all-time highs again today, getting very extended from any sound base. Its 50 DMA line and recent lows coincide near $130 defining important near-term support to watch.

2/25/2014 7:42:59 PM - G - Hovering at all-time highs with today's 3rd consecutive small loss. Very extended from any sound base. Its 50 DMA line ($129.25) defines near-term support to watch.

2/18/2014 12:50:12 PM - G - Hitting new all-time highs today with another considerable gain, getting more extended from any sound base. Its 50 DMA line ($125) defines near-term support to watch.

2/10/2014 1:59:16 PM - G - Hovering quietly near all-time highs, extended from any sound base. Its 50 DMA line ($122) defines near-term support to watch.

2/4/2014 5:35:43 PM - G - Holding its ground perched near all-time highs, extended from any sound base. Its 50 DMA line ($120) defines near-term support to watch.

1/28/2014 1:38:14 PM - G - Extended from any sound base and enduring mild distributional pressure for the past week. Its 50 DMA line and prior highs near $115 define near-term support to watch.

1/21/2014 5:22:41 PM - G - Touched a new all-time high then reversed into the red today. It is extended from any sound base after volume-driven gains. Its 50 DMA line and prior highs near $115 define near-term support to watch. See the latest FSU analysis for more details and new annotated graphs.

1/17/2014 1:04:08 PM - G - Perched at its all-time high, extended from any sound base after volume-driven gains. Its 50 DMA line and prior highs near $115 define near-term support to watch.

1/16/2014 5:50:38 PM - G - Finished at the session high today with another volume-driven gain. Its 50 DMA line and prior highs near $115 define near-term support to watch.

1/14/2014 5:21:55 PM - G - Best-ever close and finished near the session high today with a volume-driven gain. Its 50 DMA line and prior highs near $115 define near term support to watch.

1/8/2014 1:13:39 PM - G - Reversed much of its early gain today after gapping up for a 2nd consecutive session hitting new 52-week highs. Considerable volume-driven gains came after the company provided encouraging guidance. Its 50 DMA line and prior lows ($105.17) define near term support to watch.

1/7/2014 12:46:01 PM - G - Gapped up and hit a new 52-week high with today's considerable volume-driven gain after providing encouraging guidance. Its 50 DMA line and prior lows ($105.17) define near term support to watch.

1/6/2014 6:51:54 PM - G - Retreated from its 52-week high today with heavy volume indicative of distributional pressure. Its 50 DMA line and prior lows ($105.17) define near term support to watch.

1/2/2014 1:04:44 PM - G - Perched at its 52-week high today with volume running at an above average pace. Resilient after earnings +24% on +74% sales revenues for the Sep '13 quarter came in a notch below the +25% minimum guideline (C criteria).

12/30/2013 5:45:51 PM - G - Rallied for a new 52-week high with +18% above average volume behind today's 6th consecutive gain. Resilient after earnings +24% on +74% sales revenues for the Sep '13 quarter came in a notch below the +25% minimum guideline (C criteria).

12/23/2013 1:25:21 PM - G - Consolidating above its 50 DMA line and only -3.0% off its 52-week high. Recent lows in the $102 area define near-term support where a violation may trigger a technical sell signal. Resilient after earnings +24% on +74% sales revenues for the Sep '13 quarter came in a notch below the +25% minimum guideline (C criteria).

12/16/2013 3:42:59 PM - G - Rallying above its 50 DMA line with above average volume behind today's considerable gain, helping its technical stance improve. Recent lows in the $102 area define near-term support where a violation may trigger a technical sell signal. It has been resilient after it reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria).

12/11/2013 5:57:48 PM - G - Slumped below its 50 DMA line with higher but near average volume today and its color code is changed to green. Recent lows in the $102 area define near-term support where a violation may trigger a technical sell signal. Resilient after it reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria).

12/4/2013 7:06:40 PM - Y - Still consolidating in a very tight range near its 50 DMA line. Recent lows in the $102 area define near-term support where a violation may trigger a technical sell signal. Resilient after it reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria).

11/27/2013 6:35:20 PM - Y - Still consolidating in a very tight range near its 50 DMA line with volume totals cooling. Recent lows in the $102 area define near-term support where subsequent violations may trigger technical sell signals. Recently reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria).

11/20/2013 1:41:17 PM - Y - Consolidating in a tight range near its 50 DMA line with volume totals cooling. Recent lows in the $102 area define near-term support where subsequent violations may trigger technical sell signals. Recently reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria).

11/15/2013 5:50:12 PM - Y- Recent lows define near-term support below its 50 DMA line. More damaging volume-driven losses may trigger technical sell signals. Recently reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and new annotated daily and weekly graphs.

11/12/2013 6:57:11 PM - Y- Volume totals have been light while testing support near prior highs in the $105 area and its 50 DMA line. More damaging volume-driven losses may trigger technical sell signals. Recently reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria).

11/6/2013 4:03:50 PM - Y- Reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria). Down today with slightly above average volume testing support near prior highs in the $105 area and its 50 DMA line. Subsequent violations may trigger technical sell signals.

11/1/2013 1:15:57 PM - Y- Reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria). Rebounding today after finding support near prior highs in the $105 area and its 50 DMA line. Subsequent violations may trigger technical sell signals.

10/31/2013 11:01:18 AM - Y- Reported earnings +24% on +74% sales revenues for the Sep '13 quarter. Down with above average volume behind today's loss, trading near prior highs in the $105 area and its 50 DMA line defining important near-term support. Damaging violations may trigger technical sell signals.

10/30/2013 3:03:59 PM - Y- Retreating from its all-time high hit last week with above average volume behind today's loss and its color code is changed to yellow while slumping below its "max buy" level. Prior highs in the $105 area and its 50 DMA line define near-term support where subsequent violations may trigger a technical sell signal.

10/24/2013 5:39:24 PM - G- Hovering near all-time highs, extended from any sound base. Found support above prior highs defining important support in the $105 area.

10/17/2013 4:00:18 PM - G- Inching higher with light volume, poised for a best-ever close and its color code is changed to green. Found support above prior highs defining important support in the $105 area.

10/10/2013 6:31:32 PM - Y- Found support above prior highs defining important support in the $105 area. See latest FSU analysis for more details and a new annotated graph.

10/8/2013 5:43:42 PM - Y- Color code is changed to yellow after ending near the session low with a large loss with above average volume, slumping toward prior highs defining important support in the $105 area.

10/4/2013 12:41:06 PM - G- Color code is changed to green after rallying above its "max buy" level. Gains above the pivot point with volume helped clinch a technical buy signal. Recent insider buying while trading near its highs has been noted as an encouraging sign.

10/3/2013 12:58:09 PM - Y- Today's 3rd consecutive gain with ever-increasing and above average volume has it rallying further above the pivot point and trading slightly above its "max buy" level. Gains above the pivot point with volume at least +40% above average are needed to trigger a proper technical buy signal. Recent insider buying while trading near its highs has been noted as an encouraging sign.

10/1/2013 5:58:49 PM - Y- Today's gain with average volume helped it quietly wedge further above the pivot point. Gains above the pivot point with volume at least +40% above average are needed to trigger a proper technical buy signal. Recent insider buying while trading near its highs has been noted as an encouraging sign.

9/24/2013 5:36:05 PM - Y- Today's gain was backed by +67% above average volume, however it remains below the pivot point. Gains above the pivot point with volume at least +40% above average are needed to trigger a proper technical buy signal. Recent insider buying while trading near its highs has been noted as an encouraging sign.

9/19/2013 7:17:42 PM - Y- Rose above its pivot point and hit a new 52-week high with today's 4th consecutive gain backed by +37% above average volume, just below the minimum volume threshold (+40% above average) needed to trigger a proper technical buy signal. Recent insider buying while trading near its highs has been noted as an encouraging sign.

9/17/2013 3:23:58 PM - Y- Wedging higher with gains lacking great volume conviction while rising toward the pivot point cited based on its 8/14/13 high plus 10 cents. Recent insider buying while trading near its highs has been noted as an encouraging sign.

9/11/2013 8:19:59 PM - Y- Color code is changed to yellow with new pivot point cited based on its 8/14/13 high plus 10 cents. Recent insider buying while trading near its highs has been noted as an encouraging sign. See the latest FSU analysis for more details and a new annotated graph.

9/4/2013 6:22:29 PM - G- Holding its ground -5.2% off its 52-week high and recent insider buying while trading near its highs has been noted as an encouraging sign. Reported earnings +33% on +34% sales revenues for the Jun '13 quarter, above the +25% minimum earnings guideline (C criteria).

8/30/2013 7:05:51 PM - G- Holding its ground -6.7% off its 52-week high and recent insider buying while trading near its highs is an encouraging sign. Reported earnings +33% on +34% sales revenues for the Jun '13 quarter, above the +25% minimum earnings guideline (C criteria).

8/23/2013 6:48:24 PM - G- Holding its ground -5.6% off its 52-week high. Reported earnings +33% on +34% sales revenues for the Jun '13 quarter, above the +25% minimum earnings guideline (C criteria).

8/15/2013 7:10:07 PM - G- Holding its ground after rallying into new 52-week high territory with 9 gains in the span of 10 sessions. Reported earnings +33% on +34% sales revenues for the Jun '13 quarter, above the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph.

8/13/2013 6:59:54 PM - G- Rallying into new 52-week high territory with 9 gains in the span of 10 sessions. It is extended from a sound base after "wedging" higher with recent gains lacking great volume conviction while rising from a previously noted cup-with-handle base pattern. Reported earnings +33% on +34% sales revenues for the Jun '13 quarter, above the +25% minimum earnings guideline (C criteria), a strong follow-up to sub par Mar '13 results.

8/6/2013 4:30:21 PM - Y- Hovering near its 52-week high after wedging higher with recent gains lacking great volume conviction while rising from a 9-week cup-with-handle base. Due to report Q2 results before the open on August 7, 2013, and volume and volatility often increase near earnings news. No new pivot point has been cited while members were repeatedly cautioned - "Concerns were raised by its Mar '13 earnings report with only a +14% earnings increase, below the +25% minimum guideline (C criteria) for buy candidates."

7/29/2013 1:37:46 PM - Y- Volume totals have still been cooling while consolidating near its 52-week high after completing a new Public Offering on 6/18/13 following recent M&A news. Formed a cup-with-handle base over the past 9 weeks, however no new pivot point has been cited while members were repeatedly cautioned - "Concerns were raised by its Mar '13 earnings report with only a +14% earnings increase, below the +25% minimum guideline (C criteria) for buy candidates."

7/23/2013 5:47:13 PM - Y- Volume totals have been cooling while consolidating near 52-week high after completing a new Public Offering on 6/18/13 following recent M&A news. Formed a cup-with-handle base over the past 8 weeks, however no new pivot point is being cited. Concerns were raised by its Mar '13 earnings report with only a +14% earnings increase, below the +25% minimum guideline (C criteria) for buy candidates. See latest FSU analysis for more details and a new annotated graph.

7/19/2013 6:03:48 PM - Y- Completed a new Public Offering on 6/18/13 following recent M&A news. Formed a cup-with-handle base over the past 8 weeks, however no new pivot point is being cited. Concerns were raised by its Mar '13 earnings report with only a +14% earnings increase, below the +25% minimum guideline (C criteria) for buy candidates.

7/12/2013 6:20:00 PM - G- Wedged to a new high close with today's 3rd consecutive gain lacking great volume conviction. Completed a new Public Offering on 6/18/13 following recent M&A news. Concerns were raised by its sub par Mar '13 earnings report.

7/5/2013 6:33:02 PM - G- Holding its ground since completing a new Public Offering on 6/18/13 following recent M&A news. Concerns were raised by its sub par Mar '13 earnings report. See the latest FSU analysis for more details and a new annotated graph.

7/1/2013 1:04:18 PM - G- Small gap up today. Held its ground since completing a new Public Offering on 6/18/13 following recent M&A news. Concerns were raised by its sub par Mar '13 earnings report.

6/24/2013 5:44:12 PM - G- Completed a new Public Offering on 6/18/13 following recent M&A news. Concerns were raised by its sub par Mar '13 earnings report. See latest FSU analysis for more details and a new annotated graph.

6/20/2013 8:09:26 PM - G- Completed a new Public Offering on 6/18/13. Concerns were raised by its sub par Mar '13 earnings report, however mostly bullish action has followed. Its 50 DMA line ($78.95) defines near-term support above prior highs in the $76 area.

6/14/2013 6:27:45 PM - G- Concerns were raised by its sub par Mar '13 earnings report, however mostly bullish action has followed.Volume totals have been cooling while consolidating above prior highs. Support to watch is at prior highs coinciding with its 50 DMA near $76.

6/7/2013 5:08:20 PM - G- Rallied since making recent acquisition plans. Support to watch is at prior highs coinciding with its 50 DMA near $76. See latest FSU analysis for more details and a new annotated graph.

6/4/2013 6:56:15 PM - G- Ended near the session low with a loss on average volume. It is extended from prior highs and prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

6/3/2013 4:28:59 PM - G- Pulled back today on average volume. Tallied 2 consecutive volume-driven gains and it is extended from prior highs since announcing plans to buy Bausch & Lomb for $8.7 billion. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/29/2013 1:03:56 PM - G- Perched at its all-time high following 2 consecutive volume-driven gains, extended from prior highs. Announced plans to buy Bausch & Lomb for $8.7 billion. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/28/2013 1:01:20 PM - G- Volume is running well above average behind today's 2nd consecutive big gain and its color code was changed to green after rallying beyond its "max buy" level. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/28/2013 11:00:32 AM - G- Volume is running well above average behind today's 2nd consecutive big gain and its color code is changed to green after rallying beyond its "max buy" level. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/23/2013 4:24:04 PM - Y- Volume totals have been cooling while consolidating just above its 50 DMA line, an encouraging sign that few investors have headed for the exit. Below that important short-term average its prior low ($69.87 on 4/04/13) defines important support. Subsequent violations may trigger technical sell signals. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/20/2013 5:46:20 PM - Y- Erased the prior session's gain and more with a big loss today on lighter volume. The 50 DMA line and recent low ($69.87 on 4/04/13) define important support where subsequent violations may trigger technical sell signals. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/17/2013 4:47:07 PM - Y- Finished at a new high with a solid gain today on average volume following recent losses on light volume noted as a sign that very few investors have been headed for the exit. The 50 DMA line and recent low ($69.87 on 4/04/13) define important support where subsequent violations may trigger technical sell signals. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/16/2013 6:11:14 PM - Y- Quietly holding its ground perched at all-time highs, a sign that very few investors have been headed for the exit. The 50 DMA line and recent low ($69.87 on 4/04/13) define important support where subsequent violations may trigger technical sell signals. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/13/2013 6:06:02 PM - Y- Finished 19 cents off its best-ever close with today's gain on average volume. The 50 DMA line and recent low ($69.87 on 4/04/13) define important support where subsequent violations may trigger technical sell signals. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns."

5/10/2013 6:20:31 PM - Y- Found support at its 50 DMA line with a gain backed by above average volume. The 50 DMA line and recent low ($69.87 on 4/04/13) define important support where subsequent violations may trigger technical sell signals. Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns.

5/6/2013 6:35:45 PM - Y- Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns. Its 50 DMA line defines important near-term support above the recent low ($69.87 on 4/04/13). Subsequent violations may trigger technical sell signals.

5/2/2013 7:07:15 PM - Y- Reported earnings +14% on +25% sales revenues for the quarter ended March 31, 2013 versus the year ago period, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. Finished near the session low and near its 50 DMA line defining important near-term support above the recent low ($69.87 on 4/04/13). Subsequent violations may trigger technical sell signals. See the latest FSU analysis for more details and an annotated graph.

4/30/2013 6:14:09 PM - Y- Gapped up on the prior session and tallied a volume-driven gain. It has formed a short square box base and the color code was changed to yellow with new pivot point cited based on its 4/02/13 high plus 10 cents. A volume-driven gain above its pivot point may trigger a new (or add-on) technical buy signal. Its 50 DMA line defines near-term support above recent the recent low ($69.87 on 4/04/13) where violations may trigger technical sell signals. Due to report earnings before the open on Thursday, May 2nd, and volume and volatility often increase near earnings news. See the latest FSU analysis for more details and a new annotated graph.

4/30/2013 5:32:23 PM - Y- Gapped up on the prior session and tallied a volume-driven gain. It has formed a short square box base and the color code is changed to yellow with new pivot point cited based on its 4/02/13 high plus 10 cents. A volume-driven gain above its pivot point may trigger a new (or add-on) technical buy signal. Its 50 DMA line defines near-term support above recent the recent low ($69.87 on 4/04/13) where violations may trigger technical sell signals.

4/29/2013 12:42:36 PM - G - Gapped up today. It has formed a short square box base and the color code is changed to green with new pivot point cited based on its 4/02/13 high plus 10 cents. A volume-driven gain above its pivot point may trigger a new (or add-on) technical buy signal. Its 50 DMA line defines near-term support above recent the recent low ($69.87 on 4/04/13) where violations may trigger technical sell signals.

4/26/2013 4:31:34 PM - G - It is extended from any sound base pattern and still consolidating above its 50 DMA line which defines near-term support above recent the recent low ($69.87 on 4/04/13). Subsequent violations may trigger technical sell signals.

4/19/2013 1:18:34 PM - G - Finding recent support well above its 50 DMA line defining important near-term support.

4/15/2013 11:47:27 AM - G - Still consolidating above its 50 DMA line ($69.84 now) defining important near-term support.

4/8/2013 5:51:08 PM - G - Consolidating above its 50 DMA line defining important near term support following loss with heavy volume on M&A news. See latest FSU analysis for more details and a new annotated graph.

4/4/2013 1:16:01 PM - G - Gapped down today and traded near its 50 DMA line, then managed a positive reversal. That important short-term average defines near-term support to watch where a violation may raise concerns and trigger a technical sell signal. On the prior session it pulled back on heavy volume after agreeing to an increased offer price of $24.00 cash for it to acquire Obagi Medical Products.

4/3/2013 7:22:29 PM - G - Pulled back on heavy volume today after agreeing to an increased offer price of $24.00 cash for it to acquire Obagi Medical Products. The 50 DMA line and recent low ($64.05 on 2/21/13) define important support areas to watch on pullbacks.

4/2/2013 1:19:23 PM - G - Still hovering near its all-time high today, extended from the secondary buy point noted earlier. The 50 DMA line and recent low ($64.05 on 2/21/13) define important support areas to watch on pullbacks.

3/27/2013 6:43:52 PM - G - Hovering near its all-time high today, holding its ground with volume totals cooling in the past week. It is very extended from the secondary buy point noted earlier. The 50 DMA line and recent low ($64.05 on 2/21/13) define important support areas to watch on pullbacks.

3/20/2013 12:52:11 PM - G - Hitting yet another new high with today's 3rd consecutive gain, getting very extended from the secondary buy point noted earlier. The 50 DMA line and recent low ($64.05 on 2/21/13) define important support areas to watch on pullbacks.

3/19/2013 5:40:04 PM - G - Hit another new high with today's gain backed by more than 2 times average volume. Color code is changed to green after getting extended from the secondary buy point noted earlier. The 50 DMA line and recent low ($64.05 on 2/21/13) define important support areas to watch.

3/12/2013 2:00:03 PM - Y - Wedged higher with recent gains lacking great volume conviction, and holding its ground stubbornly. A valid secondary buy point exists following the successful test of support at its 10-week moving average up to as high as +5% above the recent high ($67.98 plus 5% or $71.38). Color code was changed to yellow however no new pivot point was cited since a new base was not formed. The 50 DMA line and recent low ($64.05 on 2/21/13) define important support areas to watch.

3/5/2013 1:50:31 PM - Y - Hitting another new 52-week high with today's 5th consecutive gain. A valid secondary buy point exists following the successful test of support at its 10-week moving average up to as high as +5% above the recent high ($67.98 plus 5% or $71.38). Color code is changed to yellow however no new pivot point is cited since a new base was not formed. The 50 DMA line and recent low ($64.05 on 2/21/13) define the next important support area to watch.

2/27/2013 6:33:42 PM - G - Rallied with higher volume to finish just -1.8% off its 52-week high today. The 50 DMA line and recent low ($64.05 on 2/21/13) define the next important support area to watch.

2/26/2013 2:09:00 PM - G - Consolidating just -4.2% off its 52-week high today. It has slumped below the previously noted upward trendline connecting its November - December lows, and the 50 DMA line (now $63.76) defines the next important support area to watch.

2/22/2013 7:44:05 PM - G - Consolidating just -3.3% off its 52-week high after losses on near average volume this week tested support at the previously noted upward trendline connecting its November - December lows. Its 50 DMA line (now $63.52) defines the next important support area to watch.

2/15/2013 6:29:48 PM - G - Consolidating near its 52-week high. An upward trendline connecting its November - December lows defines initial chart support to watch above its 50 DMA line. See the latest FSU analysis for more details and a new annotated graph.

2/14/2013 7:05:48 PM - G - Retreating from its 52-week high with higher but below average volume behind today's loss. An upward trendline connecting its November - December lows defines initial chart support to watch above its 50 DMA line (now $62.66).

2/8/2013 7:06:03 PM - G - Hit a new 52-week high with lighter than average volume behind today's 4th consecutive gain. It is extended from its prior base, and its 50 DMA coincides with prior highs near $61 defining near-term chart support to watch on pullbacks.

2/4/2013 6:35:07 PM - G - Retreated from its 52-week high with higher (near average) volume behind today's loss. It is extended from its prior base, and its 50 DMA coincides with prior highs near $61 defining near-term chart support to watch on pullbacks.

1/30/2013 2:05:33 PM - G - It is extended from a sound base and perched at its high today. Recently rallying further above its "max buy" level to new 52-week highs without great volume conviction behind its gains.

1/24/2013 5:58:48 PM - G - It is extended from a sound base and posted another small gain today, rallying further above its "max buy" level without great volume conviction.

1/22/2013 4:35:30 PM - G - Managed a gain today for a new high close near its "max buy" level without great volume conviction and its color code is changed to green. Previously repeated guidelines for a proper technical buy signal were not satisfied.

1/14/2013 5:59:36 PM - Y - Hovering quietly above its pivot point and near its 52-week high today. Volume behind recent gains was below the +40% above average volume guideline which is the bare minimum threshold needed to trigger a proper technical buy signal. Disciplined investors may use a tactic called "pyramiding" to allow market action to dictate their positioning.

1/9/2013 8:27:07 PM - Y - Rallied further above its pivot point to another new 52-week high today , however volume thus far is below the +40% above average volume guideline which is the bare minimum threshold needed to trigger a proper technical buy signal. Disciplined investors may use a tactic called "pyramiding" to allow market action to dictate their positioning.

1/8/2013 2:50:17 PM - Y - Today's gain has it rallying above its pivot point to a new 52-week high, however volume thus far is below the +40% above average volume guideline which is the bare minimum threshold needed to trigger a proper technical buy signal. Disciplined investors may use a tactic called "pyramiding" to allow market action to dictate their positioning.

1/4/2013 12:59:32 PM - Y - Up from earlier lows, finding prompt support after a weak start to today's session. This week's streak of 3 consecutive gains with above average volume still left it below its pivot point. Disciplined investors may use a tactic called "pyramiding" to allow market action to dictate their positioning.

1/4/2013 10:43:22 AM - Y - Encountering distributional pressure today after 3 consecutive gains with above average volume still left it below its pivot point. Disciplined investors may use a tactic called "pyramiding" to allow market action to dictate their positioning.

1/3/2013 4:13:02 PM - Y - A 3rd consecutive gain today with above average volume still leaves it trading just below its pivot point. Disciplined investors may use a tactic called
"pyramiding" to allow market action to dictate their positioning.

1/3/2013 4:08:23 PM - Y - A 3rd consecutive gain today with above average volume still leaves it trading just below its pivot point. Disciplined investors may watch for a volume-driven gain above its pivot point to trigger a technical buy signal before taking action.

1/2/2013 4:24:07 PM - Y - Gapped up for a gain on higher volume today, but it finished at the session low and below its pivot point. It stalled and encountered mild distributional pressure after highlighted in yellow in the 12/20/12 mid-day report, encountering stubborn resistance in the $60-61 area. Disciplined investors may watch for a volume-driven gain above its pivot point to trigger a technical buy signal before taking action.

12/31/2012 2:14:16 PM - Y - Managed a positive reversal from earlier lows, and now poised for a gain on higher volume today. It stalled and encountered mild distributional pressure after highlighted in yellow in the 12/20/12 mid-day report, encountering stubborn resistance again in the $60-61 area. Disciplined investors may watch for a volume-driven gain above its pivot point to trigger a technical buy signal before taking action.

12/28/2012 9:56:45 AM - Y - It stalled and encountered mild distributional pressure after highlighted in yellow in the 12/20/12 mid-day report, encountering stubborn resistance again in the $60-61 area. Disciplined investors may watch for a volume-driven gain above its pivot point to trigger a technical buy signal before taking action.

12/20/2012 5:21:06 PM - Y - Rallied with +92% above average volume but failed to rise above its pivot point cited based on its 9/07/12 high plus 10 cents after highlighted in yellow in the earlier mid-day report. Encountered stubborn resistance in prior months near the $60-61 area. Disciplined investors may watch for a volume-driven gain above its pivot point to trigger a technical buy signal before taking action. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 and '08 earnings (A criteria) has been followed by a strong earnings rebound in recent years. See the latest FSU analysis for more details and a new annotated graph.

12/20/2012 12:34:50 PM - Y - Color code is changed to yellow with pivot point cited based on its 9/07/12 high plus 10 cents. Encountered stubborn resistance in prior months near the $60-61 area and it is perched within close striking distance of its 52-week high today. Disciplined investors may watch for a volume-driven gain above its pivot point to trigger a technical buy signal before taking action. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 and '08 earnings (A criteria) has been followed by a strong earnings rebound in recent years.

11/16/2012 12:42:33 PM - Consolidating below its 50 DMA line after encountering recent distributional pressure. Last noted in the 9/14/12 mid-day report - "Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 and '08 earnings (A criteria) has been followed by a strong earnings rebound in recent years."

9/14/2012 12:48:57 PM - Consolidating in a tight range near its 52-week high since its considerable gap up gain on 9/04/12. It rebounded impressively following a deep consolidation below its 200 DMA line since last noted while making an ugly "negative reversal" in the 5/03/12 mid-day report - "Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 and '08 earnings (A criteria) has been followed by a strong earnings rebound in recent years."

5/3/2012 1:27:50 PM - Reported earnings +84% on +52% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Gapped up and hit a new 52-week high today then reversed into the red and quickly violated it 50 DMA line raising concerns. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 and '08 earnings (A criteria) has been followed by a strong earnings rebound in recent years.

6/23/2010 1:03:07 PM - Touched a new 52-week high today then reversed into the red. Two consecutive gains with heavy volume followed headlines after Biovail and Valeant agreed to a $3.2 Billion merger. Noted in prior mid-day reports - "It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 earnings tarnished its earnings track record (A criteria remains a concern)."

6/22/2010 12:59:04 PM - Touched a new 52-week high today with a second day of heavy volume trading since headlines announced that Biovail and Valeant agreed to a $3.2 Billion merger. Noted in prior mid-day reports - "It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 earnings tarnished its earnings track record (A criteria remains a concern)."

5/12/2010 1:12:06 PM - Rallying near its 52-week high today following last week's sharp rally and pullback to prior highs after a streak of 5 gains on heavy volume. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 earnings tarnished its earnings track record (A criteria remains a concern).

5/6/2010 1:22:10 PM - Pulling back from its 52-week high after getting extended from any sound base following 5 gains in a row on heavy volume. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 earnings tarnished its earnings track record (A criteria remains a concern).

5/5/2010 1:23:24 PM - Its up and down annual earnings (A criteria) history remains a concern. Perched at its 52-week high, extended from any sound base after 5 gains in a row on heavy volume. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 earnings tarnished its earnings track record.

5/4/2010 1:28:56 PM - Its up and down annual earnings (A criteria) history remains a concern while hitting yet another new 52-week high today and getting extended with its 5th gain in a row on heavy volume. A considerable gain on 4/28/10 helped it rally up from its 50 DMA line on news of a small acquisition. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Quarterly earnings increases (C criteria) have been strong and well above the +25% guideline. A downturn in FY '07 earnings tarnished its earnings track record.

5/3/2010 1:11:42 PM - Gapped up for a 4th session in a row today and another new 52-week high. A considerable gain on 4/28/10 helped it rally up from its 50 DMA line on news of a small acquisition. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Recent quarterly comparisons versus the year ago period have shown strong sales revenues growth and impressive earnings increases (C criteria), however its up and down annual earnings (A criteria) history remains a concern.

4/30/2010 2:31:15 PM - Gapped up for a 3rd session in a row today and touched a new 52-week high. A considerable gain on 4/28/10 helped it rally up from its 50 DMA line on news of a small acquisition. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Recent quarterly comparisons versus the year ago period have shown strong sales revenues growth and impressive earnings increases (C criteria), however its up and down annual earnings (A criteria) history remains a concern.

4/29/2010 1:08:42 PM - Gapped up today after a considerable gain on 4/28/10 helped it rally up from its 50 DMA line on news of a small acquisition. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Recent quarterly comparisons versus the year ago period have shown strong sales revenues growth and impressive earnings increases (C criteria), however its up and down annual earnings (A criteria) history remains a concern.

4/8/2010 1:46:12 PM - Pulling back today after distributional action at its 52-week high while extended from any sound base. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Recent quarterly comparisons versus the year ago period have shown strong sales revenues growth and impressive earnings increases, however its up and down annual earnings (A criteria) history is a concern.

4/7/2010 1:05:43 PM - Perched at its 52-week high, extended from any sound base. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Recent quarterly comparisons versus the year ago period have shown strong sales revenues growth and impressive earnings increases, however its up and down annual earnings (A criteria) history is a concern.

3/10/2010 1:13:18 PM - Hit a new 52-week high today, extended from any sound base. It has made steady upward progress since noted in early January 2010 after rallying straight up from the bottom of a 7-week base. Recent quarterly comparisons versus the year ago period have shown strong sales revenues growth and impressive earnings increases, however its up and down annual earnings (A criteria) history is a concern.

1/8/2010 1:36:36 PM - Hit a new 52-week high earlier today, the negatively reversed. Gains with above average volume on the 2 prior sessions helped it rally straight up from the bottom of a 7-week base. Recent quarterly comparisons versus the year ago period have shown sales revenues acceleration and very impressive earnings increases. Its up and down annual earnings (A criteria) history is a concern.

11/6/2009 1:41:32 PM - Hit a new 52-week high today, marching higher since it positively reversed on 11/03/09. It found support near its 50 DMA line on several abrupt pullbacks since last noted in June after it technically rose from a bullish cup-with-handle type pattern. Recent quarterly comparisons versus the year ago period have shown sales revenues acceleration and very impressive earnings increases, but its up and down annual earnings (A criteria) history is a concern.

6/29/2009 12:59:54 PM - Hovering near its 52-week high today, it was noted as it technically rose last week from a bullish cup-with-handle type pattern. Its up and down annual earnings (the A criteria) history is a concern, fundamentally, and sales increases have been below the investment system's guidelines.

6/25/2009 12:53:44 PM - Continuing higher today after the prior session's rally for a new 52-week high, technically rising from a bullish cup-with-handle type pattern. Its up and down annual earnings (the A criteria) history is a concern, fundamentally, and sales increases have been below the investment system's guidelines.

6/24/2009 12:49:34 PM - Technically, a gain today helped it hit a new 52-week high while rising from a bullish cup-with-handle type pattern. Its up and down annual earnings (the A criteria) history is a concern, fundamentally, and sales increases have been below the investment system's guidelines.

5/28/2009 12:59:48 PM - Negatively reversed after early gains today helped it challenge its prior chart highs in the $23-24 area. Sales and earnings history are below the investment system's guidelines.

5/19/2009 1:03:11 PM - Gains backed by heavy volume in the past 2 weeks have it now nearly challenging its prior chart highs in the $23-24 area. Sales and earnings history is below the investment system's guidelines.