PLAB

• Photronics, Inc(PLAB )  is acting very systematically.
• Four months of range and Big up volume last few days. It broke out today with big volume along with market.
• No of Funds sponsorship has increased for the last 3 quarters.
• EPS / Sales ( 330/16, 999/23, 167/27) has increased for the last 3 quarters .
• Industry Rank = 23
• Sector is favorable and lot of breakouts happened in this sector along with Market.

Beautiful Up day

• Big Up Volume day and looks like follow thru day. Lets see whether the market is stable here.
• Its better to initiate longs with little risk and see how it works.
• 3 Months of correction will bring fresh breakouts and sector rotation.

Happy Weekend !

 

Wish you a Happy Weekend !!!

IPGP

• IPGP is acting very systematic and gentle manner.  No big sell offs during the market correction.
• Big up volume.
• I will buy if the market reaction is good.
• EPS / Sales (460/74, 700/86, 571/95) has increased from the last three quarters and industry Rank would be 14.
• No of funds has increased from last three quarters.
• What else does it need to buy ?

May 25th 2011

• Volume is up today as compared to yesterday. Its a good sign. Need to see more follow thru days to determine the direction of the market. Until then it would be better in CASH.
• Breakouts happened with low quality stocks.
• Market is waiting to Fed news. Until then market will consolidate or stabilize to move upwards.
• Patience is key here.

SODA

• If the market is good, I will buy right away.
• Volume is heavy last few days and good flat pattern in the bad market.

May 5th 2011

• Market is so weak and better to be in cash.
• Volume is low and that would good. No severe selling yet.
• Until see the follow thru , direction is not clear.

Market Analysis

• 
  Market is in short term correction
• Market is buyable on long-side when the it moves to 2840 with volume.
• 

Namaste

Welcome !

Welcome !