dabum, >>LEXR had the fundamentals, so then it was a matter of looking for an entry.
I did a somewhat time consuming glance at each of the IBD 100 stocks off of a two week old list I have. I wanted to see if I could copy your LEXR example of good fundies and good entry points. I did a screen for debt, industry (no homebuilders), growth, valuation, upside potential, among other items, and cross-checked for high ratings from Value Line, MSN Stock Scouter, and Morningstar. For some I did a Graham Fair Value calculation, if the interest was high enough.
I came up with a list of 13 names to study further, including WRLD, which I just purchased. The rest were eliminated from this exercise, mainly for valuation reasons of other things mentioned above.
These are not cheap value stocks, but they are strong growers with many things going for them. Some I have been considering for awhile, like NYB and KSWS.
While I'm not well-versed in matching volume, candlesticks, and other TA measurements, I can tell some charts look quite strong, perhaps like a LEXR: DRL, SCHN, and UTIW. Others have fallen slightly and might present good entry points off of support (if I read these correctly!): LCI, BSTE, WRLD, FDS, and ELAB.
Any thoughts on any of these? FWIW, FDS impressed me: nice margins, good ROE & ROA, no debt, business model, strong EPS growth over last 5 yrs., excellent ratings, small dividend, pulled back to 10-dma support.
The list: BSTE DRL ELAB FDS KSWS LCI MME NARA NYB ODFL UTIW SCHN WRLD
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