Cup w/ Handles

[IIC]

Can add RATE to our CwH list

[IIC]

add GRMN to our list

[IIC]

add PQ to our list

[IIC]

Altho vol was hi on the handle you might put PHRM on the back burner

[peanuts]

Not a classic formation, but AMTD looks like one to watch with 1 eye:

[IIC]

CMCO...past f/p...needs more vol to be true b/o

BBW too

[IIC]

CAKE looks pretty good as the 50 sma held last week

[IIC]

Nice chart on BCR but no vol

[IIC]

Keep an eye on CNS the rest of this week

[New-born baby]

Doug,
I made some good money on F maybe 3 years ago when it dipped to the 6.90's. It's not like many other under 10.00 stocks in that it isn't about to go under or lose 40% of it's value over night. Very tempting. Also the family holds enormous equity with their shares.

--------------billyjoe

I have to agree with you, BillyJoe.

[IIC]

As I posted on my thread...I trimmed CBEY for a nice gain...Also bot CMCO, CAKE, BBW from our CwH list...IIC

[IIC]

Nice B/O

[peanuts]

Doug, CMCO -> good one! Thanks

Two weeks ago, Pittsburgh Business Times put out a list of publicly traded stocks within the Western PA region and listed them in order of total revenue. I scanned through them and found 3 that seemed to be very good investments based solely on their revenue generation as a comparison to their market capitalization. Of those 3, I found that I was interested mainly in just one stock of the total 40. That stock was Calgon Carbon Corporation (ticker: CCC). This company is undervalued at it's current market cap / revenue as a comparison to the average S&P 500 company. But it is not a component of the SPX, so that is just a way to compare the stock to the "best" that are out there...

Anyway, I wanted to buy the stock, but I thought to myself, "hey, why buy it now when I can just wait a little and buy it cheaper?" Good thinking, right? Nope... I was totally wrong. This small fry wants to become a bigger fish, and may even have caught the attention of other investors recently. The volume is picking up and now it has formed a CwH formation and subsequent breakout from previous highs. I've totally missed my entry, but as per the vast research behind CwH formations, the stock should continue to go much higher.

The ultimate target is certainly unknown at this point, but the short term target is around $10.50 - a 7.14% premium to today's close. Tomorrow morning, as long as it is below this price ($10.50), I will be a buyer of CCC. Please pray that this does not turn out to be another SWSI for me. Here's a little TA that I've worked out quickly tonight for a better visual experience than reading the extended version of my thoughts:

[IIC]

Looks pretty nice Peanuts.

However...Don't count SWSI outta the game yet...It could well bounce back...The pattern is shot to h*ll but it is still watchable IMO

[New-born baby]

Swsi

Hey, SWSI weekly chart is working on an ascending triangle pattern. What's wrong with that? I think you will be just fine. I am holding my shares. When it breaks out, the pattern calls for $40 tgt.