Wednesday, January 24, 2007

Not a bad day

My account was up 0.5%. PAY had a 2% upday--not quite a followthrough, but good action.

I found a lot of interesting stocks after close today:
  • CHDX, forming a handle on big vol out of a 2 month cup and setting a new high.
  • STNR, big vol new high off an 8 week flat base.
  • ENR, up big on huge volume, breaking out of 3 month cup.
  • PCP formed a new high on big volume off a flat base.
  • USAP is looking very nice, but probably too far extended at this point.
  • RIO made a new high out of a 3wk cup, but no handle and it didn't close at a highpoint.
  • Big moves by the telecomms today. CHL, MBT, and MICC all made new highs breaking out of 3 week cups with nice volume, although MICC is extended. Too bad KPN couldn't catch that wave.
  • COL I've been noticing recently. It's posed to make a new high if it goes up another day or two.
  • LMT set a new high off a 1 week base, although it is extended.
  • TAP broke out of a 1.5 year cup&handle. It's fundamentals could be a little better and that was a brutal dive into the cup.

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