Tuesday, January 8, 2013

Tuesday evening - CTXS



CTXS daily

I give this one a "not bad".  It could run up toward 75.  For me, the stop would be under 66.

(caution, Yahoo says earnings Monday Jan 21, which is NYSE holiday)


Tuesday Afternoon

PSX Daily Chart (11:15)
On a day when red is the primary color this stock is bouncing from support and showing some green.  It was downgraded yesterday but refiners are having a relatively good day and so is PSX.

Tuesday Morning - LVLT

Gator's Chart of the Day: LVLT
LVLT did trade just a few pennies above the September high of 24.84 on Monday.  I think it has more upside as it has formed a cup with handle and still has plenty of buying interest.  It still has nearly 6% of the float sold short which requires almost 9 days average trading to cover.  (The volume is not shown correctly in the chart.  It was slightly above average.)

I'll be looking to take a small position on a move above 24.90 or a larger bite on a pullback and bounce from around 23.50.