Wednesday, August 21, 2013

Wednesday evening


Wednesday afternoon ... while waiting on the Fed

BV Daily Chart (11:25 EDT)

While we wait on the Fed minutes take a look at this chart.  The stock has been consolidating gains for nearly 3 weeks now and yesterday it bounced as it neared the 50 day simple moving average.  If it just grinds sideways the "smoothing mechanism" that Carter Worth spouts about (150 day sma) will cross through the 200 day sma and that will put the stock into the bullish configuration of 20 above 50 above 150 above 200 day moving average.

The price is still near the bottom Bollinger Band and this looks like a good place to start a position.  (Start small but be ready to add if price clears the middle Bollinger Band (20 day sma.)  You might watch the stochastic for the buy signal.  When the fast line crosses the slow line make your entry and put a stop just under the 50 day.

The company reports earnings after market on 9/4.

Bazaarvoice, Inc. provides various social commerce solutions. The company offers its solutions through Bazaarvoice conversations platform, a software as a service platform that enable clients to capture, display, and analyze online word of mouth, including ratings and reviews, questions and answers, stories, recommendations, photos, videos, long-format narratives, and other forms of consumer-generated content. It also provides Bazaarvoice connections solutions, such as BrandVoice, which enables brands to enter into distribution relationships allowing them to display review content on retail Websites within the network; and BrandAnswers that allows brands to interact directly with consumers on retail Websites within the network to answer questions and provide suggestions on alternative products. In addition, the company offers Bazaarvoice analytics solutions, including Intelligence solution that allows clients to derive market, consumer, and product insights from the underlying data collected on their behalf of Bazaarvoice conversations platform; and Workbench Analytics solution, which allows to generate reports highlighting simple ratings trends, text analysis, and product and service issue identification, as well as perform self-service administration. Further, it provides Bazaarvoice media solution that sells advertising on behalf of retailers, brands, and agencies; and provides capabilities that incorporate consumers' authentic opinions in advertising campaigns. Bazaarvoice, Inc. serves clients in the retail, consumer products, travel and leisure, technology, telecommunications, financial services, healthcare, and automotive industries. The company sells its solutions through a direct sales team primarily in the United States, the United Kingdom, Australia, France, Germany, and Sweden. Bazaarvoice, Inc. was founded in 2005 and is headquartered in Austin, Texas. --- Finviz

Wednesday morning