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Breakout Alerts
ENER -
Energy Conversion jumps above yesterday's high of 44.89 (45.05 + 0.67)
-Technical- Consider a Long Entry with a stop loss under 44.90.
ENER - Energy Conversion - Long Follow Up (46.16 +1.78) -Update-
Technical - With a pop over 46.00, consider locking in some of that fast
1 point gain and moving a "balance stop" above breakeven.
ENER - Energy Conversion: Would take off more of the ENER position here,
trail stop at $46.50 for remainder (47.56 +3.18) - Update - Should have
been a little quicker, as stock ran to $48.25 -- but still up 2.50
points since the original Long entry.
COH Coach - Long Candidate - (34.15 +0.30) - Technical- The stock
recently broke above its morning range top at 34.11 and looks to rally out
of its 2-day pullback as it approaches yesterday's high of 34.16. Consider a
Long Entry through 34.16...stop loss under 33.90 for now.
COH Coach - Long Follow Up (34.77 +0.92) - Update - Technical - The
stock recently popped higher intraday for a new week high above 34.85
justifying locking in some of that 0.70 profit from our Long Entry above
yesterday's high of 34.16. Would trail a stop for the remaining shares above
breakeven.
ABI Applied Bio - Potential Breakout Candidate (23.75 +0.94) - Update -
Technical - The stock is displaying relative strength this morning after
earnings, and sets up for a potential breakout to new highs through 23.75
today. Note on the long-term weekly chart, next resistance lies nears the
24.44/24.49 area.
ABI Applied Bio - Follow up to Breakout (24.56 +1.75) - Update -
Technical - The stock set up as a Potential Breakout Candidate after
reporting earnings this morning. At 10:50 AM EST, we highlighted the stock's
relative strength against the market and noted its 3-1/2 year long base with
its highs at 24.44/24.49. If daytrading is your game, some profits should be
locked in as the stock currently extends above those highs. Otherwise, the
long-term technical picture for this stock is looking really good into year
end with a measured price objective above 30.00.
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