2.09.2011

Feb 10 - Thurs. "AKAMi, kamikaze"

Milestone Financial Investments L.L.C.
  • Feel free to email me with any questions about joining Investors Underground and using the "BOOMWIN" code to get a Free 2 Week TrialMy Gmail
  • Nasdaq-100 After-Hours Indicator Down 11.31 at 2,349.64
  • McClellan Oscillator finished +10 down 19 from yesterday's close.  
  1. CSCO, -8.5% 
    • beating Q2 expectations but also issuing mixed guidance that included EPS below Street estimates
    • shorts may want to target potential entry points at 20.95 to 20.50, an area where downside momentum swelled dramatically Thursday night in the wake of the company's guidance. More risk tolerant shorts may want to bring the entry down closer to 20.50 to 20.25 in anticipation of the stock opening pre-market action down here and perhaps making a run at the near-term lows in the high-19s seen tonight
  2. AKAM, -11.3%
    • beating Q4 estimates but also issuing Q1 guidance below Street expectations
    • Shorts may want to target potential entry points in the 44 to 43 area as this range held as a top through the mid-session and early second-half of evening trade. More risk tolerant shorts may want to bring the entry down closer to 43 to 42.70 in anticipation of the stock starting the day closer to these levels and perhaps again dropping back into the mid- to lower-42s.
  3. WFMI, +8.2% 
    •  topping quarterly expectations and raising its guidance above the Street view
    • longs may want to target potential entry points between 57.25 and 58, an area that served as a consistent base support through Wednesday's after-hours trade and where there may be room to catch some upside bounces back into the mid- to higher-58s, or perhaps touch a fresh near-term high above these levels
  4. ATVI, -7.7%
    • company's decision to discontinue its once-popular "Guitar Hero" franchise
    • stock dropped to 10.7 and bounced to 11 after wards were it saw some resistance and faded back towards 10.85ish area, where it looks to open thurs.
    • this move down still doesn't change the fact that call of duty and world of Warcraft still sell with tenacity, look for stock to gain support around 10.5ish and reverse downside movement.
  5. TQNT, -13.6%
    • 4Q Profit Jumps, Still Misses Street Views
    • a break above 12.16 would be bullish and I'd get long tomorrow.
  6. SWS great move today, hoping we get over 6 and hold comes, 6.32 next res level, then 7. boomwin. 
  7. ATML nice break out after e/r, good ma, good vol, solid sup at 16 now, should retest 52's soon. over 16.3 we go. 
  8. MWW getn real testy on that 17 push, should bounce off 16.5, which is were sup is, if not, its not ready. #getitn