Earnings Release Dates

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Have you clicked on one of my daily tracking sheets, seen all the pretty colors and wondered what those chicken scratches mean? Scroll down and read the section "About the Daily Scans" for a break down of each column of the tracking spreadsheet.

Friday, June 20, 2008

Daily Research 6/20/08

Breakout Watches

Up

RIMM . . . .148.27 Target 164.00
TRA . . . . . .56.21 Target 63.31
ENER . . . . .80.00 Target 91.98
JRCC . . . . . 62.46 Target 80.93 High Volume Alert

Down

ABK . . . . . . 1.70 Target .53

Option Watches

PCU call
RIMM call earnings released in June
QQQQ call/put
TRA call/put
GOOG
call/put
AAPL call/put
ENER call
FWLT call
JRCC call High Volume Alert


Possible Chart Patterns Forming

PCU: Broke out of downward trading channel temporarily but closed in channel. Needs to break and hold 110 to start upward trend. *PCU 3 to 1 split record date June 30th.

FWLT: close below 71.33 would reconfirm double top.

GOOG: Tested and closed at lower support of symmetrical triangle pattern.

TRA: Toppy? Needs to break back over $55.00 to resume upward trend.

HTE: Threw back and broke downward from symmetrical triangle. Downside target 22.38. I will start looking to add shares under 22.50. Great dividend stock, pays monthly. Next record date June 23, 2008.

QQQQ: Closed below the 47.82 double top confirmation line for a second time. If it continues the downward trend (I'm still not convinced yet) think QID.


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Always perform your own due diligence before making any investment.

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