Sambong1

Sambong1

recent PT from Stifel at $18 from $20. Buy rating reiterated due to 3Q-13 result ahead of est.

Sambong1

recent IPO at $14 down $4 at around $10. double bottom at $9.62. Cash/sh is $3.74 with over 30% sale growth.

Sambong1

C&H forming

Sambong1

i think it is done for today. dont think it goes any higher. no position, yet.

Sambong1

if the daily chart is H&S, i think this is how i see it forming. Big "IF", though

Sambong1

will complete the falling wedge and give a change to get in below $19. watching for now

Sambong1

Levels that i am watching.

Sambong1

levels that i am watching. the trend is still an uptrend. $47 seems like ideal entry. no position

Sambong1

Seems to be at uptrend resistance. need to watch next week. could be possible ST pullback

Sambong1

measured move to $65 or just go back to play within the box. range from top to bottom is $25

Sambong1

both have been in sync with each other since 2009 except 2013 may deep for IYR versus SPY. not sure what it means just found it interesting.

Sambong1

Thinking that it pull back to below $23 to form double bottom. always chance to $21.50. no position

Sambong1

Seems to follow a 3 year cycle. looks to be going down until 2016

Sambong1

$40 seems more likely

Sambong1

consolidation inside the box. would accumulate in low $42s and play the range.

Sambong1

expanding megaphone. going down?

Sambong1

updated chart. seem to have found some footing

Sambong1

in no man's land. on the sidelines for now