JNPR down
Wednesday, January 31, 2007
Chart courtesy of stockcharts

JNPR shares was down 8% closind at 18.12$ today in the wake of its third consecutive incomplete earnings report.
The company has not provided a balance sheet for the past three quarters because of an internal investigation into its past stock option grants. JNPR reported a revenue of about $596 million, up 4 percent from $575 during the same period last year. Looking at the chart, stock breakdown today an important support at 18.40 , next support is near 17$.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 4:24 PM | Permalink 0 comments
Motorola in action today
Tuesday, January 30, 2007
Chart courtesy of stockcharts

Shares of Motorola rose nearly 7% to 19.58$, after the company announced today that billionaire investor Carl Icahn is seeking a position on its board of directors. Looking at the chart it still show weakness as the stock is trading below 50 dma and 200 dma. The stock is on rally with K line on top over D line, and this rally should at least take the stock back to 50 dma closing the gap.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 4:23 PM | Permalink 0 comments
Trade Idea NETFLIX " NFLX "
Monday, January 29, 2007
Chart courtesy of stockcharts

Shares of NFLX fell today 2.6% to 22.55$ , after Roth Capital downgraded its rating to 'sell' from 'hold'. Looking at the chart it still show weakness as the stock is trading below 50 dma and 200 dma. However with K line on top over D again we may see a improvement in stock price. MACD is above 0.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 5:23 PM | Permalink 0 comments
Analyst downgrade CSCO
Friday, January 26, 2007
Chart courtesy of stockcharts.com

Citigroup’s Paul Mansky, dropped CSCO firm’s rating to Hold from Buy saying its difficulty with the company lies with the apparent mutual-exclusivity between revenue growth and operating margin expansion. Stock was up 0.13 or 0.5% to 26.35, recovering from morning declines. The technical chart are showing some improvement by the indicators MACD and RSI, but I'm still cautions.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 6:39 PM | Permalink 0 comments
RMBS reported blowout Qtr - strong revenue
Wednesday, January 24, 2007
Chart courtesy of stockcharts

RAMBUS said after the market close that quarterly revenue rose 24% over a year earlier, driven by new patent licensing agreements. Fourth-quarter revenue was $51.7 million from a revenue of $41.6 million a year earlier. The stock was up 0.71 or 4% to 18.19$. Looking at the chart, the stock has broken out an important resistance at 18$ before earnings, let's see if tomorrow this resistance will support the stock. According to this earnings report I'm Bullish in the stock, however my only fear is the stock option grants. RMBS said it won't complete its restatement by the Feb. 9 deadline set by Nasdaq's listing qualifications panel, and said it has asked the listing council to stay the move, but there's no assurance the stay will be granted. It's a dificult decision , but the results have been great, it's my opinion.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 7:52 PM | Permalink 0 comments
Sun micro in focus today
Monday, January 22, 2007
Chart courtesy of stockcharts

Shares of Sunmicro doesn't react to much to the latest news, stock was down 0.02 or 0.35% to 5.75$.
Sun Microsystems Inc. and Intel Corp. said today they reached an agreement where Sun will buy Intel chips to use in its server systems. The companies said the deal includes joint engineering, design and marketing efforts. In the daily chart we start to see some weakness in the stock with MACD cross below 0, however this situation must be confirmed in the next sessions, because Uptrend is still in place.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 7:22 PM | Permalink 0 comments
Hot stock JDSU
Friday, January 19, 2007
Chart courtesy of stockcharts

Shares of JDS Uniphase Corp. soared nearly 10% today, after the networking equipment company said its fiscal second-quarter sales will be higher than expected. The technical chart is showing some improvement in the MACD indicator, RSI already reached Bullish territory and CCI gave a buy signal.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 6:10 PM | Permalink 0 comments
XM Satellite and Sirius in focus today
Tuesday, January 16, 2007
Chart courtesy of stockcharts

Will be 2007 the year of the merger between the big players in satellite radio? Most of the Investors and analysts think so.

J.P. Morgan upgraded satellite radio providers XM Satellite Radio and Sirius Satellite Radio, both to "overweight" from "neutral", citing subscriber growth and a possible merger between the two. JP analyst belives that the shares of both companies will be supported ahead due to the potential merger. XMSR was up 0.02 to 17.14$ and SIRI 0.05 or 1% to 4.15$.

The technical chart shows that both stocks are still trading in an uptrend, and the overall indicators are showing a clear Bullish signals.

XMSR - 50 dma is now on top of 200 dma - Bull mode

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 4:05 PM | Permalink 0 comments
Stock to follow next week : JPM
Sunday, January 14, 2007
Chart courtesy of stockcharts

It will report earnings on January 17 , mean estimate 0.95

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posted by Pro Investor Trader at 6:05 PM | Permalink 0 comments
XM Satellite Radio shares surged nearly 10%
Wednesday, January 10, 2007
Chart courtesy of stockcharts

XMSR stock rose 10% to 16.65$ after received a positive note from Citigroup analyst Eileen Furukawa that lifted her 12 month price target on XM Satellite Radio to $21 from 16$.
This upgrade was based in the increasing numbers of customers who buy cars and trucks equipped with XM radios that perhaps sign up the service, also she added the possibility of a merger with rival Sirius Satellite Radio probably during this year. She maintained her buy rating on XM shares.
As I have mentioned in my commentary during the post of the weekend, XMSR still trading in an uptrend, showing strength when moves up. The technical chart looks Bullish with MACD again back above 0, RSI is rising in the Bullish territory and stock price trading above 20,50 and 200 dma.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 5:57 PM | Permalink 0 comments
Volume spike today on Level 3 Communications
Monday, January 08, 2007
Chart courtesy of stockcharts

Shares of LVLT surged today more than 2% to 6.08$ with higher-than-normal volume, after positive news from JP Morgan that raised numbers and the price target to 8$. The technical chart looks Bullish with both 50 dma and 200 dma going up and breaking into new highs, MACD is on top of 0, so keep an eye on LVLT.

Stock to watch tomorrow : S , CAKE , GEX , EMAG

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 3:55 PM | Permalink 0 comments
JDS Uniphase Corp. agrees to Acquire Casabyte
Thursday, January 04, 2007
Chart courtesy of stockcharts

Shares of JDSU rose today more than 4% to 17.93$ after the company said that it planned to buy Casabyte, a company specializing in monitoring the service quality of mobile phone networks. According to JDSU this acquisition will help to bolster its position in the network quality assurance market. In my opinion I think that this acquisition could be very good for JDSU, Casabyte provide automated quality assessment technology to the wireless industry.
The technical chart show that JDSU just broke out of downtrend line (from 22 Nov to 3 Jan 07) Volume is starting to pick up and RSI come back to the Bullish area.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 3:51 PM | Permalink 0 comments