One New Speculative CANSLIM Swing Long For Wednesday

February 27, 2007

New speculative CANSLIM swing long: HEIA

HEIA is bouncing off the 50 dma, on very strong volume. This stock has been in a steady uptrend since 2005, constantly finding support at the 50 and 200 dma with accumulation on the uptrends and low volume pullbacks when the stock comes down. BOP has been around the zero line and in the green territory most of the way. The move today, in the face of a horrible market and the previous move on volume this month, along with BOP going towards the max green area and being green since the move in Feb started, makes this a pretty chart. The fundamentals are strong with EPS growing between 27% and 53% the past four quarters and sales growing between 38% and 55% during the same period. This stock is speculative due to the current market environment, the low avg. daily volume, and the fact that fund ownership is decreasing. Cut your loss w/ a close below the 50 dma, if the stock does not follow-through on its breakout immediately.

Last 5 posts in Free Archives Longs

Posted by Joshua Hayes | Filed Under Free Archives Longs 

Comments

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.

Categories


    Past Big Winners Longs
    Listed By Year


Members Forums

Popular Tags

StraightStocks Authorized Contributor Best Way to Invest ExpertSeeking Alpha Certified FeedTheBull - Top Stock market and Finance SitesTIMlinks
Disclaimer: Big Wave Trading and all services provided herein are for educational purposes only. Nothing contained within this Web site should be interpreted as a recommendation to purchase, sell or hold a security. All visitors and subscribers should always do further research before making a final investment decision. All subscribers must read and agree to the terms and conditions within Big Wave Trading.com. Any questions or comments may be directed to admin (at) bigwavetrading.com.