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To: The Ox who wrote (4865)4/19/2016 10:51:04 AM
From: The Ox1 Recommendation

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BCOR and CTG come off reversal watch list


Portfolio "Reversal Watch", Manager: The Ox




To: The Ox who wrote (4865)4/21/2016 10:41:02 AM
From: The Ox2 Recommendations

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Sam

  Read Replies (3) | Respond to of 8288
 
This is the 3rd day of the AAOI plunge, often near the point where it's worthy of a look. Going from solidly positive earnings to negative will leave a huge cloud over the company, IMO, so I'm guessing that watching for some price strength would be wise.

They'll need to resolve their "margin" issues and we'll have to wait and see if their "restructuring" explanation holds water.

Watching CIEN, JNPR, INFN in steady declines. I'm very respectful of the trends here but starting to watch for the eventual buying op.