ALJJ - Strong Trend - Could Go A lot HigherALJ Regional Holdings, Inc. is a holding company. The Company's segments include Faneuil, Inc. (Faneuil), Floors-N-More, LLC (Carpets) and Phoenix Color Corp. (Phoenix). The Faneuil segment provides business processing solutions for a client portfolio that includes both commercial and government entities across several verticals, including transportation, government services, utilities and healthcare. Faneuil delivers outsourcing support, ranging from customer contact centers, fulfillment operations and information technology services, to manual and electronic toll collection, violation processing and medical device tracking. The Carpets segment provides multiple products for the commercial, retail and home builder markets, including flooring, countertops, cabinets, window coverings and garage/closet organizers. The Phoenix segment manufactures book components, educational materials and related products.
SHORT INTEREST
33.01K 07/15/19
P/E Current
-9.14
P/E Ratio (with extraordinary items)
-124.81
Be patient with this, expect it to come down first. Buy close to the trendline.
ALJ
Swing Trade for ALJLook for break above 9.30 with increasing lows and stable or increasing Crude Oil prices to confirm the continuing upward trend. This may be a buy if we see this next week 10-17-16.
ALJ GOING FOR ONE MORE WAVE UP?ALJ has broken the previous intermediate top. If the price bounces above this level i'm expecting one more wave up. A strong breakdown of this level can invalidate this setup.
ALJ- possible fallen angel pattern, Long from 7.09 Possible fallen angel pattern in ALJ. Nicely scoping & money-flow is improving strongly. We think it will reach to 8.50 area. Break above 7.09 will be ideal Long entry.
For trade we would consider December $7.50 Calls
