Steckler's Star Studded Stock Picks

[peanuts]

Don't see where you're getting that breakout price from. The 30-day high was 31.85. ADV = 112,000 shares and volume right now is 107,000 shares.

$32.50 is within a +/- .1 range from the highest closing price since momentum was lost on at the end of May... that would be the breakout level, not the greed trap level of the previous high... This will run many points once it breaks $32.50 on strong volume (30% greater than ADV)

At least, those are MY parameters for a confirmed breakout. You seem to look shorter term. What are your breakout parameters?

[DSteckler]

What are your breakout parameters?

Breakout from a rectangular base or a symmetrical triangle. The rectangle on AP started forming on 8/16.

[DSteckler]

Worth watching

AG - symmetrical triangle and low ADX (13.47) suggest a breakout, regardless of direction, should make a nice move.

[DSteckler]

IIF breakout

Cleared the 200DMA and up through the triple top. IIF has the highest Alpha of the 15 ETFs I follow for this model.

Smooth sailing ahead? We'll know in the fullness of time.

[DSteckler]

Giggity-giggity!

Over GIGM. Thank you, Quagmire!

[DSteckler]

More worth watching

ODFL - extremely lows ADX (8.77) and rising stochastic suggests a continuation of the upside move. Estimates for the next two quarters are up 26% and 31% respectively, YOY.

WRLD - new ATH on light volume. Watch for a reversal.

PCP - similar to ODFL, with a low ADX and a rising stochastic. Estimates for the next two quarters are up 48% and 42% respectively, YOY.

BGC - an old favorite from way-back-when. Held a test of the 50DMA and is back through the 20-day EMA. Estimates for the next two quarters are up 104% and 79% respectively, YOY.

[DSteckler]

O&G website

Interesting stuff.

http://www.ogj.com/category/online_subcategory.cfm?p=7&cat=ExplD&maxrows=21

[DSteckler]

Computer - Memory group

This group has been gaining strength compared to others, using at a 3-week RS lookback period. DTLK is the leader in the group but it's extended. DSS has been slowly climbing a rising trend channel the past few weeks and held its 20-day EMA on a pullback two days ago.

Estimates for the next two quarters are up 100% and down 33% respectively, YOY.

[peanuts]

Ap

$32.50 is within a +/- .1 range from the highest closing price since momentum was lost on at the end of May... that would be the breakout level, not the greed trap level of the previous high... This will run many points once it breaks $32.50 on strong volume (30% greater than ADV)

At least, those are MY parameters for a confirmed breakout. You seem to look shorter term. What are your breakout parameters?

Dave,

AP looks like it wants to make its move past my breakout numbers... you already have it as breaking out. I wonder how you feel about it now? Nice bounce off of $32.10 right now... good volume

[DSteckler]

I still like it.

[DSteckler]

PCCC going ballistic

Anyone see any news?

[eliaskane]

Anyone see any news?

No news recently, but the numbers give some hints. First, PCCC crossed the magic $10 threshold on Friday. Second, insiders hold 68% and institutions 25%. That leaves a fairly small number of shares for the rest of us, so one would expect fairly large price swings. One surprising thing, to me, is that the run-up has been so well-behaved.

The chart says this could be the start of another leg up, just like those at the beginning and end of August. But keep in mind PCCC is already up 50% since its last - very nice! - earnings announcement. I'm enjoying the momentum but tightening my stop.

[mystiky]

EZPW - breaking down?

Hi Steckler,

Any thoughts on EZPW? Looks like it has had pretty bad last two days. Do you see further down pressure? Does $34.50's look like the support of the next down move?

Thanks as always!

[DSteckler]

Hi Steckler,

Any thoughts on EZPW? Looks like it has had pretty bad last two days. Do you see further down pressure? Does $34.50's look like the support of the next down move?

Thanks as always!

I don't follow it so I can't say. Sorry!

[DSteckler]

Energies

Interesting reversal today.