Friday’s Longs

December 7, 2007

NEW CANSLIM LONG: PDGI

PDGI is breaking out of a continuation base on base pattern, on strong volume. This is a very pretty chart with all the strong accumulation and green BOP on it from October till now. Cut your first loss with a close below the 38.85 level and your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.

NEW SPECULATIVE CANSLIM LONG: AVAV CDS

AVAV is bouncing off the 50 day moving average, nearing a breakout to new highs and putting in a very bullish intraday reversal, on strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

CDS is bouncing off the 50 day moving average, on strong volume. This is a nice IPO with all the BOP above the zero line, along with all the accumulation. The BOP going green today on the bounce is a bullish development for this stock. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

ADDING TO EXISTING LONG POSITIONS: LIFC EIHI IBKR

LIFC is bouncing off the 50 day moving average and breaking out to new all-time highs, on strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.

EIHI is breaking out above the past month-plus of resistance and the 50 day moving average, closing at its HOD, on below average volume. Cut your loss with a close below the 16 level, if the stock does not move higher immediately.

IBKR is breaking out of this five-week cup base, on strong volume. Cut your loss with a close below the 50 day moving average, if the stock does not move higher immediately.