FFIV, just reported earnings last week and blew the numbers out to the good side. There is no overhead resistance, it is in an uptrend, it just broke above the last high of $112.05. It is above the 30 week ma on the weekly chart. It is above the 8 and 21 days ma on the daily and just had a buy crossover 10/26/10. Yes I would buy FFIV with a stop loss no lower than $112.05. My current Stop is at $110.
KOG, No I would not. Downgraded by a few firms because it is overbought. The red flag on the daily chart, MACD getting ready to cross. Earning report is 11/4/10 after the market closes, so this is another reason to stay clear. The only way I get in is if it holds above $4.04 Monday – Wednesday and gamble that earnings report will beat expectations.
LVS, Just reported earning and knock’em out the park. There is no overhead unless you go back 2 years, so there is no affect here. All trends are up, so Yes I would buy LVS and my stop loss would be no lower than $43.65.
PTEN, Just reported earnings and they met and just barley bet expectations. The stock immediately started to go south after the report. We have two red flags for the last two trading days, so I would wait to see if support holds at $18.67. If it starts back up, then I would buy again and set stop loss at $18.65.
PWE, Reports earnings 11/5/10 and has just broken out above overhead resistance at $23.32. All trends look good. This stock also pays a 4.6% dividend which is a perk. Yes, stop loss at $21.82.
SBUX, Reports earnings 11/4/10 and is breaking above overhead resistance, but barley holding. I buy above $28.51 with a stop loss no lower than $27.39. Yes.
SCCO, just reported earnings and it missed expectation. Surprisingly it held up well and the only reason I see for this is that they company mines Copper. Seems all precious element stocks have been having a banner year. So with that said, Yes I would with a stop loss no lower than $41.40.
Other stocks that I would buy Monday if I had the cash: MRVL, NG, NOV, SVM, SWKS
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