reversalradar

reversalradar

This is a great company with awesome fundamentals which has blown up so quickly that it needed to correct and consolidate, but it will break to new highs. It is largely undervalued, and in a long-term uptrend. My strategy is to continue to reduce my stop market entry to 25c higher than the highs of the attempted reversals. Previously it was 36.25, now I will...

reversalradar

There seems to be some calming down of this and flattening of the downtrend. Big vol spikes on up movements in price over the last 4 months, and the volatility is subsiding. This looks like it could be a double bottom, I put my stop entry price at 1.61 because the last breakout failed and it was 7c higher than the previous high, so 1.61 is 10c higher than the...

reversalradar

I see that on the daily chart DDD selling is stalling and flattening out. It seems to be working on a triangle here at the bottom. So I've charted out a few ways one could enter this long side. DDD seems to be consolidating inside the triangle. There could be several buying strategies. 1. buy the breakout (close above) of the diagonal green downtrend line 2....

reversalradar

SWKS has been one of the strongest stocks in the market over the last year. It has also been so consistent and not choppy. I like the company and its in a valid base, which I believe is a stage 2 flat base since the Oct low. Industry group rank =10 On the other side of the coin, it has 0 Qtrs of EPS acceleration... Still almost every other light is green,...

reversalradar

It is very close to a clean flat base buy point at 144. Drawbacks: 3 year EPS is only 18%, and some of this pop has been because of KO acquisition 3 year Sales is only 18% MONSTER BEVERAGE CORP RANK WITHIN THE BEVERAGES-NON-ALCOHOLIC GROUP (17 STOCKS) Composite Rating 97 Rank within Group: 1st 100% Best in Group EPS Rating 96 Rank within Group: 1st 100% Best...

reversalradar

Starting to form the right side of a long cup base. Looks like it might be closing higher than the bottom range of the cup. This type of development seems to be a good indicator a stock has changed direction. I am experimenting with this as an early entry option on IBD stocks.

reversalradar

BITA has formed a very deep base, and so there will be a lot of overhead supply excited to "get out at even" as it ascends to reclaim highs. I am selling out here with the intent of getting in again lower than $64.

reversalradar

Here is a nice graphic showing how to determine base count and when to combine bases into a single pattern. Sometimes its hard to know if it's a cup base or a double bottom, as in the case of the cup base #3 (Oct 2013). I had to go back and watch the EPAM video from Jan 10, 2014 to figure out where the proper buy point was. ibdtv.investors.com

reversalradar

Heavy vol comes in and pushes over buy point 15% earnings surprise 7% stop loss set 21% target gain

reversalradar

SIMO puts in 3 strong days with high closes since the breakout. It is now too far extended to buy, but it was almost my pick on 4/13/15, but I went with QLYS instead since it was a bit closer to the buy point at that time, and QLYS had better fundamentals. PERFORMANCE WITHIN GROUP (SIMO) SILICON MOTION TECH ADS RANK WITHIN THE ELEC-SEMICONDCTOR FABLSS GROUP...

reversalradar

In Bolting RS lines screen. Closing in top of range for last several weeks, near buy point of 145.10. MF breaking positive, MACD turning positive. Shallow enough base 11%. Margins and Sales growth are a bit lacking. Earnings estimates have been revised down, and are low at 14%. Harman Intl Industries (HAR)NYSE 04/20/2015 (Market Close) IBD Stock Checkup...

reversalradar

I love the company CYBR right now, even though I'm not used to buying these newer hot issues, I think this could be a smart one to buy. It's at an official IBD buy point, and it has a nice cup with handle pattern, it's a leader in its group and is in a strong group 7/197. The only concern I have is that it is so volatile. The last base was 25% drop. I would...

reversalradar

Nice shallow base, only 7% in the handle or second double bottom? IBD calls this an irregular base, what are the pros and cons of an irregular base?

reversalradar

High vol +44% and close high in range Listed in Stocks on the Move today #5 breaking out of long term high at $97 confirming move into 100 prices for first time. I don't know where the official buy point is...

reversalradar

HA closes high in daily range for first time in last 8 closes. Sudden uptick in CMF money flow. Looking for high close on heavy vol... Buy point 22.60. It was also recently upgraded by Ameritrade Researchteam to accumulate.

reversalradar

Chivas likes the low volatility and flat shallow base of SHW for his weekly pick. SHW has good rel strength, has a nice trend going, but there are a few drawbacks as I see it: 1. Lacking vol on breakout 2. Red vol comes in Thursday, 4/16. 3. Not in a good group rank. 77/197 4. Acc/Dis is D+. I see these as enough to rule this stock out. PERFORMANCE...

reversalradar

So questions for discussion would be... comments please... 1. What was the proper buy point? 2. How big of a base is still valid? I wanted to get in on this company, but it looks like good time to wait until it returns to a normal level. $12.50 to 15 is about how far it should fall and still be considered likely to resume in the uptrend, but of course it...

reversalradar

I am using IBD system of buying here, the cloud security sector has been hot, and I like CYBR also, but QLYS is in proper buy zone right now. I also considered CNC and would like to find a way into NHTC, CBM. 99 Composite 99 EPS 98 Relative Strength A SMR B+ Acc / Distribution Current Earnings EPS Due Date N/A EPS Rating 99 EPS % Chg (Last Qtr) 200%...