[isatrader]

Attached is a number of stocks that I came across in my scans in various phases of Stage 2 that have some of the characteristics that we look for. So I though they'd be worth putting on the watchlist. SBGI, SWIR, CRR, DGIT, ENVI, QNST, XUE, CCIH

[Red1324]

XLY being the strongest sector currently and Business Training & Employment Agencies the strongest sector in XLY I found these stocks attempting to make new highs:

BBSI:

   

ABCO:

   

Depending on the volume and direction of the RS on the break out (if one happens), these two could be quite good in my opinion.

[isatrader]

It's coming up to the end of the month on Monday, so please add you current watchlist stocks to the thread, as I'll be going through Septembers posts from the thread to see which have the best looking monthly charts currently as per the methods criteria, like I did last month here: http://stageanalysis.net/forum/showthrea...46#pid1446

[anupam384]

As far as the stocks that are in my watchlist or that I plan to get into soon are as follows:

znga - like it
halo - missed it
gern - missed it
gluu - will wait for it breakout
ctic - not sure if the base is in yet

pacb - like it
idra - love it
appy - will wait for it to breakout
onty - will wait for it breakout
gnvc - not sure if the base is in yet

Over to you experts !

Thanks anupam384! Of your picks, I think I also like IDRA the best (especially since pacb had HUGE move this week and would qualify as 'missed it' for me... hope you got in).

IDRA doubled in value since breakout and is now in a significant 30%-40% pullback. The majority of technicals look good to me to move higher and Health Care sector and Biotech sub-group are both in Stage 2. My one main concern would be that the volume has been higher on the pullback than it was on the actual breakout and we have talked about wanting to see the pullback on declining volume. Otherwise I would like to continue to see it pullback to $1.50 entry point before moving higher. It seems to have a lot of potential where I think ZNGA may still be a little premature.

Thanks for the heads up!

***Update - Here's an interesting article on IDRA
http://seekingalpha.com/article/1712362-...nd-q1-2014

You are welcome theroy6453. And thanks for pointing out the IRDA article. I know what you mean by the pullback on high volume, but that was because people were selling since IDRA did a secondary offering at 1.50. Also, I also found a press release where company insider bought 300,000 shares at 1.75 few weeks ago. Now that the secondary offering is out of the way, I believe this stock can run. Also, the stock found a lot of buyer the week after the pullback and week ended with an even higher volume.

But like you said, it can also drop to 1.50 again.



I think I am gonna go ahead and start a position in it and see where it goes from there. It it tanks I might add more.

Gook luck to you all.

---

isatrader, yes I am still in RMTI up 110% and MAKO. Unfortunately I sold half my position just before it went up 100%. That is why I hate options, I thought I would move my money to a different stock which has not moved significantly yet.

Did you get a chance to take a position in RMTI like you mentioned in one of the earlier posts?

I wasn't overly keen on RMTI, as when you highlighted it, it was only in Stage 1A, but it obviously moved very quickly into Stage 2, and has done amazingly well for you. So I'm glad you are doing so well with it, but it was a bit too speculative for me personally.

As far as the stocks that are in my watchlist or that I plan to get into soon are as follows:

znga - like it
halo - missed it
gern - missed it
gluu - will wait for it breakout
ctic - not sure if the base is in yet

pacb - like it
idra - love it
appy - will wait for it to breakout
onty - will wait for it breakout
gnvc - not sure if the base is in yet

With the above list I'll try to just give my opinion of the Stages, relative performance, volume and resistance, as I don't want to influence you unduly.

ZNGA - closed the week above the Stage 1 range, and so is at the initial Stage 2A breakout point. Volume was 1.66 x the average, so a little bit short of the two times volume requirement, and relative performance closed above the zero line.



HALO - in Stage 2 for quite a few months, but broke above key resistance four weeks ago and is showing good relative performance and volume. Extended short term.



GERN - broke out into Stage 2A three weeks ago, and has moved sharply higher on increasing strong volume since, and cleared the 2012 high with this weeks close. Very extended short term.



GLUU - in Stage 1B, close to the Stage 2A breakout point. Volume has increased the last few weeks on the up weeks, and relative performance is close to crossing the zero line. Near term resistance from earlier in the year though if it does breakout.



CTIC - broke out in Stage 2A this week on over three times the average weekly volume, which has been increasing for the previous two weeks also. Relative performance also closed above the zero line, and it has some near term resistance just below the 2 level to get through.



PACB - made a sharp Stage 2 continuation move this week on 7 times the average weekly volume. Relative performance has been above the zero line for most of the year, and it closed the week above the 2012 high. Extended short term.



IDRA - broke out into Stage 2A in late July and moved sharply higher over the next two months on strong volume which built until the swing high at the end of August. It then pulled back on heavy volume and is currently around the 10 week MA. Relative performance has been strong, but it hasn't cleared the 2012 highs yet.



APPY - is in Stage 1 currently, under significant near term resistance from the late 2012 range. It had a heavy negative volume earlier in the summer, but volume has also picked up on it's recovery into Stage 1. Relative performance is still below the zero line currently, so I'd say it needs to close above the 3 area to move into Stage 2.



ONTY - I'd only put this one in early Stage 1. It's the least developed one so far imo and has significant near term resistance from earlier in the year. Relative performance is a long way below the zero line, but volume did pick up this week around 4 times the average.



GNVC - this one has catapulted into Stage 2A from it's lows, but is still under it's highs from earlier in the year. Relative performance has recovered and is just below the zero line, and volume has had a massive surge the last four weeks and was around 9 times the weekly average this week. Highly speculative one imo, as it has no real base for support if it drops back into Stage 1.



I hope that all helps

Cheers

Thanks isatrader. Your insights and analysis are always very appreciated. Do you personally like any of these. I am leaning towards IDRA

[isatrader]

Thanks isatrader. Your insights and analysis are always very appreciated. Do you personally like any of these. I am leaning towards IDRA

CTIC and ZNGA are my favourites from your list, as they've both only just made Stage 2A breakouts, whereas the majority of the others on your list have moved too far above their breakout point for me personally now.

[isatrader]

Attached are a number of stocks with strong relative performance and large volume increases in the last week. DQ, CNIT, SKBI, ARWR, CSTE, RVP, AMCF, CRME, EDN, TKMR, PAM and MY.

Most are a long way past the ideal entry point, but there are a few near term possibilities imo. I think MY looks good as it's in Stage 1B+ and I noticed it last week: http://stageanalysis.net/forum/showthrea...87#pid1687 when I was reviewing the strong renewable energy sector. It had a very strong week last week, with it moving higher on 7 x the average weekly volume, which looks like it's highest since it's IPO. So as long as the broad market doesn't collapse, MY looks promising for a potential move into Stage 2A.

[theory6453]

Most are a long way past the ideal entry point, but there are a few near term possibilities imo. I think MY looks good as it's in Stage 1B+ and I noticed it last week: http://stageanalysis.net/forum/showthrea...87#pid1687 when I was reviewing the strong renewable energy sector. It had a very strong week last week, with it moving higher on 7 x the average weekly volume, which looks like it's highest since it's IPO. So as long as the broad market doesn't collapse, MY looks promising for a potential move into Stage 2A.

MY broke above support today on a strong move in early trading. I bought in @ $2.35 but then I got a little overzealous and bought in again @ 2.55 (averaged at $2.49). MY closed today @ 2.39 but I am hoping this is just the beginning of a big move as the volume today was VERY strong.

[isatrader]

A couple of other stocks from the renewable energy sector http://stockcharts.com/freecharts/sector...DWCREE&V=W in Stage 1B very close to Stage 2A breakouts - LDK and STP.