Tuesday, November 17, 2015

Exchange Income Corp. (EIF)

Company Profile: Exchange Income Corporation engages in aviation services and equipment, and manufacturing businesses worldwide. It operates through two segments, Aviation and Manufacturing. The Aviation segment provides scheduled airline and charter service, and emergency medical services to communities located primarily in Manitoba, Ontario, Nunavut, and Alberta. This segment also supplies various after-market aircraft, engines, and component parts to regional airline operators.
Trailing P/E: 21.75
Forward P/E: 13.63
EPS: 1.20
Div. Yield: 7.15%
Beta: -0.22
PEG: 0.19
P/S: 0.93
P/B: 1.87
Profit Margin: 2.80%
Operating Margin: 10.47%
ROA: 4.01%
ROE: 0.57%
Qtrly Earning Growth: 224.90%
Current Ratio: 1.69%

Recently broke out of a 24-month consolidation
New 52-week high
New all-time high
Trading above the 50-week M/a
Buying momentum is positive and rising
Buying volume is increasing since August
EIF has outperformed the S&P 500 since Q2
Support is at $24

The safety stop is at $23.50

The target is $30

Note: If EIF moves past the target, we suggest using a 3% trailing stop.

Microsoft Corporation (NASDAQ:MSFT)

Microsoft Corporation (NASDAQ:MSFT) bullish reversal candle on decent volume. The next buy point would be when it breaks over 55 on heavy volume, while immediate support has moved up to $52.85

Antero Resources Corp (NYSE: AR)

Antero Resources Corporation, an independent oil and natural gas company, acquires, explores, and develops natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2014, the company had 543,000 net acres of oil and gas properties located in the Appalachian Basin in West Virginia, Ohio, and Pennsylvania. It also owns and operates 153 miles of gas gathering pipelines in the Marcellus Shale; and 96 miles of low-pressure, high-pressure, and condensate pipelines in the Utica Shale. The company was formerly known as Antero Resources Appalachian Corporation and changed its name to Antero Resources Corporation in June 2013. Antero Resources Corporation was founded in 2002 and is headquartered in Denver, Colorado.
Take a look at the 1-year chart of Antero (NYSE: AR) below with added notations:
1-year chart of Antero (NYSE: AR)
AR has been declining since May, but most recently the stock has been trading in a sideways move. While in that sideways move, the stock has formed 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.
AR’s rectangle pattern has formed a resistance a $27 (red), and a $20 support (green). At some point the stock will have to break one of the two levels.

The Tale of the Tape: AR 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 $27. The ideal short opportunity would be on a break below $20.