SOSA
INGP
AZPN
NIAG
SYXI
VNWI
TRIB
SMSI
Which ones do you like?
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T2
I like some of those!
Thanks,
-Greg
quote:
Originally posted by grjohnso:
SYXI - On the verge of a major breakout!
Greg, just out of curiosity, how did you come to this conclusion? I'm just looking for stocks to buy and wanna know what analysis you use to draw this conclusion? thanks.
SYXI is very interesting, since it had what I thought to be a very good quarterly report come out after the close. It dropped further to 9.2 in the extended hours trading. Did I miss something?
quote:
Originally posted by TraderTom:
Did I miss something?
They missed estimate by a penny:
"4:53PM IXYS Corp misses by a penny, issues guidance (SYXI) 9.69 -0.06: Co reports Q3 EPS of $0.01, $0.01 worse than consensus of $0.02; revs were $50.7 mln, vs consensus of $50.0 mln. Co expects Q4 revs of "at least $46 mln", vs consensus of $51.5 mln."
Let me summarize why I put SYXI on the watchlist. It lost >20% in less than 2 weeks, and just hit the lower Bollinger band, the SMA50, the 50% Fib level of the last major move, and prior S/R. Chances are that these together will give it enough support to stop the freefall, and hopefully make it bounce. You can also see a series of higher lows over the past 3 days, which is generally bullish (learned this from FST ....).
As I said, I'll watch is closely tomorrow. My gut feeling is that the 9.2's in the extended hours trading was an overreaction, but we'll see.
TRIB isn't going anywhere anytime soon.
I'd take AZPN.
-Greg
ASKJ
CRIS
GTVCF
IPI
NTIQ
PSTI
SMSI
SYXI
VNWI
Of these, I think GTVCF and SMSI are close to an entrypoint. I'm still watching the others.
[This message has been edited by TraderTom (edited February 04, 2004).]
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DIANA
[This message has been edited by TraderTom (edited February 05, 2004).]