Re: [CANSLIM] usna, stcr


From: david rossing <pimpdaddycueball@yahoo.com>
Subject: Re: [CANSLIM] usna, stcr
Date: Sat, 24 May 2003 08:24:31 -0700 (PDT)

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Tomas,
Thanks for the reply.
I've been holding USNA for a while now.  I guess i'll hold a little
longer and see if it goes on again from here.

For STCR, I was actually looking at a pivot on 5/6 of 12.3.  Any
thoughts on what is the "right" pivot here?  I bought on the breakout
past that before I sent my questions last week.

Dave

- --- Tomas <tomas986@yahoo.com> wrote:
> Dave,
> 
> USNA fundies looks good (it's on my watchlist).  The
> charts looks good.  If you have it already, I don't
> see any reason to sell yet.  Looks like it's going
> sideway, swallowing the recent gains.
> 
> As for STCR, if you are looking to buy, I think it is
> a little too late.  The left side of cup is at 1/30. 
> Pivot point is on 4/22(beginning of handle) at $11.95.
>  The BO could be 5/6 at $12.37.  Volume was up that
> day, but price did not go up that much.  Not sure if
> that is a good BO.  Maybe a better BO would be 5/14 at
> $12.45.  A buy at either BO day would be good since it
> did not go below %8 of the buy point.  However,
> currently, it is extended from the base for a buy
> point.
> 
> The fundies looks good.  Good earnings and RS.  The
> only thing I would worry about is the industry
> strength.  That industry is definitely not one of the
> better ones.
> 
> just my $.02
> tomas
> 
> 
> 4-4  6.82/7  8.75/11  15.57/18  
> 
> --- david rossing <pimpdaddycueball@yahoo.com> wrote:
> > I was just wondering about opinions on two stocks.
> > 
> > USNA broke out of a base back in October and has
> > been going up for a
> > while.  It still looks like good earnings and
> > revenue growth.  In the
> > past week or so, the price has been dropping on
> > increasing volume.  On
> > Friday, it went up on low volume.  Is this price
> > action a good sell
> > signal to get out, or maybe just a yellow flag?
> > 
> > The second is STCR.  It just broke out of what looks
> > like a CWH to me. 
> > It has good earnings and rev growth.  The RS line is
> > not quite at new
> > highs in the breakout over the past two days and the
> > industry doesn't
> > look great.
> > 
> > Any opinions on fundamentals or charts would be
> > greatly appreciated. 
> > Thanks.
> > 
> > Dave
> > 
> > 
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