1.31.2011

Feb 1 - Tues. "BIDU my dude"

Milestone Financial Investments L.L.C.
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  1. CCME - 20ish, Citron Research put a negative piece out on them. Stock dropped quick, but rebounded even stronger pushing red to green on the day. CCME Citron Article
  2. GRM stock, so far, has bounced off 17.3, where we need confirmation of breakdown, but its pops are getting weaker GRM Chart
  3. BIDU, +7.6%
    • better-than-expected results and guidance
    • long play on the issue on Tuesday. Buyers looked confident tonight off the 114 mark up to 117, an area that could form as a morning base support as the stock perhaps makes additional runs at the 118 level.
  4.  NVLS, +3.5%
    • Q4 beat on both the top and bottom lines
    • may want to target potential entry points in the 36.65 to 37.25 range, an area where buy momentum was strong through the mid-session and early second-half tonight. More risk tolerant longs may want to sit closer to the 37.25 to 37.50 area in anticipation of the stock starting the day closer to these levels and perhaps making attempts to climb into the higher 37s
  5. ICUI, +10%
    • topping Q4 estimates and setting its FY 2011 guidance in a range that straddled the Street view
    • longs may want to watch for possible entry points in the 41.50 to 42.50 area to start. More risk tolerant longs may want to test the waters closer to 43 in anticipation of this level perhaps holding support early tomorrow and finding some upside strength back into the low- to mid-43s.
  6. NVLS, +3.5%  
    •  4Q Profit Surges On Revenue, Margins
    • pre-market open at 37 tomorrow, with much interest coming in at that level. 36.7 stood as a solid floor an area longs might want to target as potential entry points. On the flip-side 37.9 stood as a solid ceiling in night trade, a level where shorts could enter for a quick scalp, with resistance on the long side at 37.65.
  7.  AXAS broke out of this range/base at 4.87, should continue higher, 5 likely magnet. Stock needs to break back above, as it pulled later in the day, 4.84ish and hold. AXAS intraday chart
  8. CRUS chart kinda choppy, but def uptrending strong, holding 21, looking for the re-push of 52's @ 21.72.
  9. GLUU' Got jiggy today, a move over 3.2 w/hold would indicate buy for push to 3.35, which is 52's. 
  10. MWW some dif resistance 16.75, then 17.15, breaks would be bullish for a gap closing, l/t sup 14.5, gap cls 20. Monster WW Chart Here.
  11. REE little move below support today, just a watch right now...check the chart for notes. Rare Earth REE
  12. NVDA Needs a break above 24 and hold to get bullish again, kinda resting, stuck in a range, still long.
  13. MNLU - kinda held around .82x.84 for a bit, after coming down from .95ish, looking for some life, maybe a perk or two.
  14. VVUS this break above 8.85, bullish, indicate break out of week base, 9 then 10 next up, gap close at 10.5ish.
    • After doing all this chart work this chart looked more and more appealing to me once I saw it broke out of this week base and held, I will probably add long preemptively looking for a push through 9.
  15. JAZZ - huge plummet today on, unconfirmed, insider sales, no news just yet, I'd be short.