Yoga-apparel specialist lululemon athletica (NASDAQ: LULU ) was one of the darlings of Wall Street for years, with its lucrative niche producing lightning-fast growth and impressive profitability. Yet all it took to bring all that crashing downward was a quality-control incident that resulted in the recall of one of its premium products, and lululemon proved incapable of quickly extricating itself from the ongoing fallout from the mistake. After falling more than 22% in 2013, lululemon hoped to turn things around last year, and even though 2014 brought further overall losses of around 5%, the stock performed quite well during the last two months of the year. Let's take a closer look at lululemon athletica to see whether the recovery is alive and well. (more
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Thursday, January 8, 2015
Nike Inc. (NYSE: NKE) Falls Below Key Moving Average
If you're going to make it in the long run as an investor or trader, you can't wait for top tick.
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This
means that you have to monitor your positions and if you're long a
stock, any signal of weakness and shift in sentiment should be respected
and acted upon accordingly, so that you can lock in profits before the
market takes them away from you.
As a reminder, the stock market
has no sympathy. It could care less if you don't get to cash out when
you're ahead on a position. So take your money and run, especially if
your profit target on any given trade has been reached. You will rarely
cash out at the top, but by cashing out, at least you have your gains
secured to play another day. (more)Please share this article
HMS Holdings Corp (NASDAQ: HMSY)
HMS Holdings Corp. provides cost containment services to government
and private healthcare payers and sponsors. The company’s services
include co-ordination of benefits and program integrity services. Its
co-ordination of benefits services provide cost avoidance services that
offer validated insurance coverage information, which is used by
government-sponsored payers to co-ordinate benefits for incoming claims;
and program integrity services identify improper payments on a
pre-payment and post-payment basis, identify and recover overpayments,
detect and prevent fraud and abuse, and identify process improvements.
Take a look at the 1-year chart of HMS (Nasdaq: HMSY) below with added notations:
HMSY has been trading sideways for the last 2 months, while forming a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern. HMSY’s rectangle pattern has formed a $23 resistance (blue), which actually goes all the way back to February, and a $20 support (red). At some point the stock will have to break one of the two levels created by the rectangle pattern.
The Tale of the Tape: HMSY is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $20, or on a breakout above $23. The ideal short opportunity would be on a break below $20 with an expectation of a fall down to the $18 level (green).
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Take a look at the 1-year chart of HMS (Nasdaq: HMSY) below with added notations:
HMSY has been trading sideways for the last 2 months, while forming a common pattern known as a rectangle. A minimum of (2) successful tests of the support and (2) successful tests of the resistance will give you the pattern. HMSY’s rectangle pattern has formed a $23 resistance (blue), which actually goes all the way back to February, and a $20 support (red). At some point the stock will have to break one of the two levels created by the rectangle pattern.
The Tale of the Tape: HMSY is trading within a rectangle pattern. The possible long positions on the stock would be either on a pullback to $20, or on a breakout above $23. The ideal short opportunity would be on a break below $20 with an expectation of a fall down to the $18 level (green).
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