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Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (1977)1/13/2006 4:45:26 PM
From: ~digs  Read Replies (2) | Respond to of 7944
 
STKL.. I first saw this on Tuesday w/ the big percentage pop on large volume. Apparently they guided higher. I promptly put it on my watchlist. With NTRI performing as it has, their niche is obviously a good one. Downtrend line has been broken on its weekly chart..
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If this breakout is for real, I would not expect the daily gap to close ... it may in fact be forming a bullish flag, with the buy trigger on a tick above the previous day's high. Be nice to see one more inside day...
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FEI.. I don't know what happened last March but the big downdraft that occurred on near record volume scares me. I would rather wait for a pullback after it has crossed this daily downtrend line..
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I will say that I think the monthly chart is intriguing... it makes that selloff from early 2005 look like a mere blip..
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curious, what led to your purchase of these?