2 Small cap Stock Picks on the Rise: ZAGG and LLEN
Jul 28, 2010 Bullish Stock Charts, Small Cap Stock Picks
A Top Ranked trading website in the world out of 526 @ INVESTIMONIALS!
+5000% return in 4 years!
Best Broker: SPEEDTRADER
Black Service Real Time Trade Alerts: $99/3months Special OFFER! WHAT ARE YOU WAITING FOR? SIGN UP!
Small Cap Stock Pick: LLEN
LLEN made a large rally today forming a bullish engulfing along with breaking out above the $11 resistance on the channel signifying a possible continuation from here to the upside. This came after filing the 10k annual report with huge growth.
Highlights of Audited Financials for Fiscal Year Ended April 30, 2010
– Revenue $109 million for FY2010, up 167% from $41 million in FY2009
– Net income $33 million for FY2010, up 230% from $10 million in FY2009
– Fully diluted earnings per share $1.28 for FY2010, up 178% from $0.46 in FY2009
Dickson Lee, CEO of L&L, commented: “We are extremely pleased to report our tremendous growth during the past 12 months, ended April 30, 2010. These audited financials delineate our team’s ability to successfully execute acquisitions and grow our existing operations in China, meeting market demands. Our growth has laid a solid foundation, ensuring continued increases in shareholder value.”
Lee continued, “As previously stated, L&L will double its revenue in the current fiscal year ending April 30, 2011.”
I alerted the Black Service crew that i took a long position @ 10.95 today on the breakout. Looking for this to run to 12-15/share profit range.
Bullish Stock Chart:
Small Cap Stock Pick: ZAGG
ZAGG finally broke its consolidation today finally on increased volume above $3/share. ZAGG has been growing steadily in the mobile accessory business with products such as the invisible shield which is a very popular mobile phone skin that will protect your phone without that bulky appeal of a large case surrounding your phone. ZAGG carries a low forward P/E of just 10x earnings and is expecting 32% growth into next year. Earnings are out august 10th so looking to see a run up into the earnings call over the next few weeks to take profits on.
Bullish Stock Chart: ZAGG
3 Small Cap Stock Picks I Bought Today: $CIGX, $DXAX, and $AFOP
Jul 26, 2010 Bullish Stock Charts, Small Cap Stock Picks
A Top Ranked trading website in the world out of 526 @ INVESTIMONIALS!
+5000% return in 4 years!
Best Broker: SPEEDTRADER
Black Service Real Time Trade Alerts: $99/3months Special OFFER! WHAT ARE YOU WAITING FOR? SIGN UP!
The kind of trading set ups that i have been making bank on for the past 5 years are finally popping back up on my stock scans as the market has appeared to somewhat stabilize on positive earnings and rebounding housing numbers. I picked up 3 new small cap stock picks for the Black Service Portfolio Today.
Small cap Stock Pick: CIGX
CIGX just broke out of a very bullish rebounding triangle pattern on increased volume and broke that significant barrier @ $2/share today. They are awaiting FDA approval after re-submitting their application so any day this could potentially explode… or implode! But for now we are playing this very solid technical setup and looking for a continuation.
Bullish Stock Chart:
Small Cap Stock Pick: DVAX
DVAX has been in a very strong trend in recent months and finally got that push today to confirm this ascending triangle pattern as this popped resistance today on increased volume. I alerted the crew that i was taking up a position today @ 2.20
Bullish Stock Chart: DVAX
Small Cap Stock Pick: AFOP
AFOP has also been in a very solid recent mid term trend in which the consolidation pattern was broken to the upside today after reporting a very strong earnings report which will give this stock some positive sentiment and momentum going forward. I alerted the crew that i took up a position @ 1.70 today.
Bullish Stock Chart: AFOP
The Market Rally Continues. Bullish Stock Charts For Monday
Jul 26, 2010 Bullish Stock Charts, Small Cap Stock Picks
A Top Ranked trading website in the world out of 526 @ INVESTIMONIALS!
+5000% return in 4 years!
Best Broker: SPEEDTRADER
Black Service Real Time Trade Alerts: $99/3months Special OFFER! WHAT ARE YOU WAITING FOR? SIGN UP!
The Market continues strong into Monday as housing sales jumped big this past month after coming off its lows. We also have a string of earnings as 1/3 of the S&P is reporting this week which i feel will be strong as so far things have been very well on the earnings front. This move today confirms this bullish breakout that i’ve been noting on the DOW descending channel pattern. As long as no major negative news pieces hit the wires i think the market will continue to rally off this technical pattern.
Bullish Stock Charts:
Stock Market Bucks The Bear Trend. Bullish Stock Charts Heading Into Monday
Jul 26, 2010 Bullish Stock Charts, Stock Market News
The stock market finally bucked the bear trend into the close on Friday as companies have been reporting a string of healthy earnings and beating estimates made by the analysts. Looking @ the DOW chart Friday officially broke out of the descending wedge pattern that has been forming since we started the collapse in April. Their still a lot of mixed sentiment and uncertainty out there but with companies reporting such strong earnings and most euro banks passing the stress test confidence is seeping back into the markets. The GDP numbers hit the street this upcoming friday so that is definitely something that could effect the direction of the market when that news is out.
Bullish Stock Chart Watch List:
Small CapStock Picks: VISN Bullish Stock Chart Ahead of Earnings
Jul 20, 2010 Bullish Stock Charts, Small Cap Stock Picks
Small Cap Stock Pick: VISN
VISN has been picking up volume and forming a bottoming pattern for the past month or so and has formed a excellent looking bullish triangle formation. I alerted the Black Service crew that i was picking up a position early this morning @ 3.54 on the verge of its breakout.
Earnings are out next week on the 27th so im looking for a quick multiday push ahead of the earnings call with a target range from 4 to 4.50. This chart pattern suggests some strong momentum going forward. Yet a heavy slide in the broad market could easily change that with the crazy volatility we’ve been going through in the recent markets.
Bullish Stock Chart: VISN
Bullish Stock Chart of The Day: AKRX
Jul 16, 2010 Bullish Stock Charts
After the DOW fell more than 100 points it came back strong into the close down just 7 points and the DOW futures are up another 18 points in after hours as the bulls continue to take the lead of the current market.
AKRX was by far the most bullish stock chart of the day as this has been in a strong uptrend the even when the market was falling. Finally today this broke out of its neckline resistance of its ascending triangle pattern on increased volume. I alerted the Black Service crew that i took a long position @ 3.35 noting the bullishness of this stock. AKRX continued to rally into the close and close @ 3.46. Short term price target is $4/share.
Bullish Stock Chart : AKRX
