Mohammad Faizan Azam's Posts - BullBear Trading: Stock and Financial Market Technical Analysis2024-03-28T23:07:06ZMohammad Faizan Azamhttps://www.thebullbear.com/profile/MohammadFaizanAzamhttps://storage.ning.com/topology/rest/1.0/file/get/54244748?profile=original&width=48&height=48&crop=1%3A1https://www.thebullbear.com/profiles/blog/feed?user=19braoosok35y&xn_auth=noAgilysys Inc. (AGYS)tag:www.thebullbear.com,2011-06-01:3301355:BlogPost:339062011-06-01T10:04:18.000ZMohammad Faizan Azamhttps://www.thebullbear.com/profile/MohammadFaizanAzam
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<p>New pick from <a href="http://faizan-stockpicks.blogspot.com/" target="_blank">Faizan's Stock Picks</a></p>
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<div><p><em><b>""UPDATE: </b>As of 1st June 2011 I will just name my picks with a little company information. Background technical analysis for each stock will <b>not</b> be provided anymore. This is because writing detailed technical analysis is very time consuming which my busy schedule does not allow. </em></p>
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<div><p><em>Instead I will like to promote…</em></p>
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<p>New pick from <a target="_blank" href="http://faizan-stockpicks.blogspot.com/">Faizan's Stock Picks</a></p>
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<div><p><em><b>""UPDATE: </b>As of 1st June 2011 I will just name my picks with a little company information. Background technical analysis for each stock will <b>not</b> be provided anymore. This is because writing detailed technical analysis is very time consuming which my busy schedule does not allow. </em></p>
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<div><p><em>Instead I will like to promote discussions in the comments section and would like to listen to your take on the recommended picks.</em></p>
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<div><p><em><b>However, </b>if you still want the background analysis feel free to ask in the comments section or through email."</em></p>
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<p class="separator"><em><a href="http://4.bp.blogspot.com/-b-Eu7AWH9j4/TeXvH4yf_kI/AAAAAAAAACc/BXPKxW7l_YY/s1600/AGYS+%2528Daily%2529.jpg"><img border="0" height="504" src="http://4.bp.blogspot.com/-b-Eu7AWH9j4/TeXvH4yf_kI/AAAAAAAAACc/BXPKxW7l_YY/s640/AGYS+%2528Daily%2529.jpg" width="640"/></a></em></p>
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<p class="separator"><em><font face="inherit" size="2"><b>Company Description</b></font></em></p>
<p class="separator"><em><font face="inherit" size="2"><b> </b></font><font color="#2D2D2D" size="2">Agilysys, Inc. is a leading provider of innovative IT solutions to corporate and public-sector customers, with special expertise in select markets, including retail and hospitality. The company develops technology solutions — including hardware, software and services — to help customers resolve their most complicated IT needs. The company possesses expertise in enterprise architecture and high availability, infrastructure optimization, storage and resource management, and business continuity, and provides industry-specific software, services and expertise to the retail and hospitality markets. Headquartered in Solon, Ohio, Agilysys operates extensively throughout North America, with additional sales offices in the United Kingdom and in Asia. Agilysys has three reportable segments: Hospitality Solutions Group (“HSG”), Retail Solutions Group (“RSG”), and Technology Solutions Group (“TSG”). </font></em></p>
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<p class="separator"><em><font color="#2D2D2D"><b>Faizan's take</b></font></em></p>
<p class="separator"><em><font color="#2D2D2D"><b> </b></font><font color="#2D2D2D">Currently trading at $6.81 a share AGYS has potential to leap upto 20% in value over the next 6 months or so. Suggested price target is $8.29 (21% gain).</font></em></p>
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<p class="separator"><em><font color="#2D2D2D">NOTE: Suggested price targets are very flexible and may change as the price action unfolds. Targets are only suggested to give readers a rough estimate of what to expect from the stock and they should not be used by investors as absolute sell points."</font></em></p>
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<div><font color="#2D2D2D">This article was taken from <a target="_blank" href="http://faizan-stockpicks.blogspot.com/">Faizan's Stock Picks</a></font></div>
<p> </p>Companhia de Bebidas das Americas ADS (ABV)tag:www.thebullbear.com,2011-06-01:3301355:BlogPost:336082011-06-01T10:00:47.000ZMohammad Faizan Azamhttps://www.thebullbear.com/profile/MohammadFaizanAzam
<p>New pick from <a href="http://faizan-stockpicks.blogspot.com" target="_blank">Faizan's Stock Picks</a></p>
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<div><p><em><b>"UPDATE: </b>As of 1st June 2011 I will just name my picks with a little company information. Background technical analysis for each stock will <b>not</b> be provided anymore. This is because writing detailed technical analysis is very time consuming which my busy schedule does not allow. </em></p>
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<div><p><em>Instead I will like to promote discussions in…</em></p>
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<p>New pick from <a target="_blank" href="http://faizan-stockpicks.blogspot.com">Faizan's Stock Picks</a></p>
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<div><p><em><b>"UPDATE: </b>As of 1st June 2011 I will just name my picks with a little company information. Background technical analysis for each stock will <b>not</b> be provided anymore. This is because writing detailed technical analysis is very time consuming which my busy schedule does not allow. </em></p>
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<div><p><em>Instead I will like to promote discussions in the comments section and would like to listen to your take on the recommended picks.</em></p>
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<div><p><em><b>However, </b>if you still want the background analysis feel free to ask in the comments section or through email. "</em></p>
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<p class="separator"><em><a href="http://4.bp.blogspot.com/-IPWnM6rZs-A/TeXRKB1WSMI/AAAAAAAAACM/AZVoGGG2cCA/s1600/ABV+%2528Daily%2529.jpg"><img border="0" height="496" src="http://4.bp.blogspot.com/-IPWnM6rZs-A/TeXRKB1WSMI/AAAAAAAAACM/AZVoGGG2cCA/s640/ABV+%2528Daily%2529.jpg" width="640"/></a></em></p>
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<div><p><em><b><font size="2">Company Description</font></b></em></p>
<p><em><font color="#2D2D2D" size="2">Companhia de Bebidas das Américas—AmBev is the successor of Companhia Cervejaria Brahma (“Brahma”) and Companhia Antarctica Paulista Indústria Brasileira de Bebidas e Conexos (“Antarctica”), two of the oldest brewers in Brazil. Antarctica was founded in 1885. Brahma was founded in 1888 as Villiger &amp; Cia. The Brahma brand was registered on September 6, 1888, and in 1904 Villiger &amp; Cia. changed its name to Companhia Cervejaria Brahma. AmBev, a Brazilian sociedade anônima, was incorporated as Aditus Participações S.A. (“Aditus”) on September 14, 1998. AmBev is a publicly held corporation incorporated under the laws of the Federative Republic of Brazil.</font></em></p>
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<p><em><font color="#2D2D2D"><b>Faizan's take</b></font></em></p>
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<div><p><em><font color="#2D2D2D"><font face="inherit"><b> </b></font></font><font color="#2D2D2D">ABV currently at $31.54 is demonstrating very good technicals and can give a decent profit in the upcoming months. Suggested price target is $33.89 (7.5% increase).</font></em></p>
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<div><p><em><font color="#2D2D2D"><font face="inherit">NOTE: Suggested price targets are very flexible and may change as the price action unfolds. Targets are only suggested to give readers a rough estimate of what to expect from the stock and they should not be used by investors as absolute sell points."</font></font></em></p>
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<p>This post was taken from <a target="_blank" href="http://faizan-stockpicks.blogspot.com/">Faizan's Stock Picks</a></p>
<p> </p>Interphase Corp. (INPH)tag:www.thebullbear.com,2011-03-04:3301355:BlogPost:148402011-03-04T05:19:32.000ZMohammad Faizan Azamhttps://www.thebullbear.com/profile/MohammadFaizanAzam
<p>Here is the latest pick from <a href="http://faizan-stockpicks.blogspot.com/" target="_blank">Faizan's Stock Picks</a></p>
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<p><em>"Interphase Corp. (INPH) is a technology company which specializes in computer peripherals. As of now it is trading at $5.20 a share. Interesting formations are appearing on INPH's chart which I would like to point out.</em></p>
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<p><em>The following chart is a daily chart for INPH with an Ichimoku cloud…</em></p>
<p>Here is the latest pick from <a href="http://faizan-stockpicks.blogspot.com/" target="_blank">Faizan's Stock Picks</a></p>
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<p><em>"Interphase Corp. (INPH) is a technology company which specializes in computer peripherals. As of now it is trading at $5.20 a share. Interesting formations are appearing on INPH's chart which I would like to point out.</em></p>
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<p><em>The following chart is a daily chart for INPH with an Ichimoku cloud overlay.</em></p>
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<p class="separator" style="clear: both; text-align: center;"><em><a href="https://lh5.googleusercontent.com/-LB8TC5FoDds/TXBp39mFlSI/AAAAAAAAACA/dHlRXgMgTho/s1600/INPH+%2528Daily%2529.jpg" style="margin-left: 1em; margin-right: 1em;"><img src="https://lh5.googleusercontent.com/-LB8TC5FoDds/TXBp39mFlSI/AAAAAAAAACA/dHlRXgMgTho/s640/INPH+%2528Daily%2529.jpg" width="640" border="0" height="491"/></a></em></p>
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<p><em>First thing to notice on this chart is that starting May 2009 INPH established a continuous downtrend which finally lasted in November 2010. During this 19 month time period the stock lost more than 80% of its value. At that time the stock was highly oversold, and was ready for a good upthrust.</em></p>
<p><em>Then, starting December 2010 the stock made some rapid upward moves and after about 1.5 years it finally broke above the Ichimoku cloud on incredibly high volume. Supporting this increase was a sharp uptrend in the stock's RSI which is a very bullish indicator. Also, at the tip of this uptrend the stock broke a very significant resistance level at $6.00 leaving no overhead resistance on this 3 year chart. This clearly shows that the current tape formation for this chart is very healthy and we can expect a continued upward trend for the near short term.</em></p>
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<p><em>Now lets look at the another chart for INPH.</em></p>
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<p class="separator" style="clear: both; text-align: center;"><em><a href="https://lh6.googleusercontent.com/-NI4bne1gsAU/TXBtkEGRpdI/AAAAAAAAACE/fKxHT5Lw94o/s1600/INPH+%2528Daily+short%2529.jpg" style="margin-left: 1em; margin-right: 1em;"><img src="https://lh6.googleusercontent.com/-NI4bne1gsAU/TXBtkEGRpdI/AAAAAAAAACE/fKxHT5Lw94o/s640/INPH+%2528Daily+short%2529.jpg" width="640" border="0" height="494"/></a></em></p>
<p><em>This is a one year daily chart without the Ichimoku overlay. On this chart we can see that after the recent high at around $6.50 the stock is now trading in a narrow symmetric range. A breakout above this range will indicate another bullish run, while a breakdown would mean a correction. So this chart is worth keeping an eye on as well.</em></p>
<p><em>Also, notice that recently the 50 day and the 200 day moving averages crossed over indicating a bull. Combined with that the <a href="http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chaikin_money_flow_c">Chaikin Money Flow</a> indicator shows that the that the stock has remained above the crucial zero line for most of the last six months indicating that the stock is fueled up now and is ready for a ride. (For more on volume indicators read <a href="http://www.amazon.com/Traders-Book-Definitive-Guide-Trading/dp/0071753753?ie=UTF8&tag=stopicbyfai-20&link_code=btl&camp=213689&creative=392969" target="_blank">The Trader's Book of Volume: The Definitive Guide to Volume Trading</a><img src="http://www.assoc-amazon.com/e/ir?t=stopicbyfai-20&l=btl&camp=213689&creative=392969&o=1&a=0071753753" style="border: medium none ! important; margin: 0px ! important; padding: 0px ! important;" width="1" border="0" height="1"/>).</em></p>
<p><em>Finally to decide on good sell points we shall take a look at the following all data chart for INPH.</em></p>
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<p class="separator" style="clear: both; text-align: center;"><em><a href="https://lh4.googleusercontent.com/-XYCPIXy94n0/TXBwSHlvdFI/AAAAAAAAACI/Gjz99M9Azpw/s1600/INPH+%2528All+Data%2529.jpg" style="margin-left: 1em; margin-right: 1em;"><img src="https://lh4.googleusercontent.com/-XYCPIXy94n0/TXBwSHlvdFI/AAAAAAAAACI/Gjz99M9Azpw/s640/INPH+%2528All+Data%2529.jpg" width="640" border="0" height="366"/></a></em></p>
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<p><em>It can be seen from this chart that the next resistance level(from 2007) is around $9.00-$10.00. So, this can be a good sell point for mid term traders. This is just a casual advice. Rely on your own intellect to choose a sell point, because finding a good sell point is more of an art than science.</em></p>
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<p><em>(Being a pure technician I usually avoid listening to news about stocks. But going against my own beliefs I would like to throw in one: Interphase Corp's directors Strunk Christopher, and Myers Michael collectively purchased 9000 shares of INPH on 15th and 18th February.)</em></p>
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<p><em>So to sum up I believe INPH is presenting an excellent buy opportunity, provided that the stock breaks above the narrow trading range (which may take a few weeks). That's all I have for now. Don't forget to subscribe for feeds. Have a great weekend!"</em></p>
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<p><br/><em>T</em>his Post was from <a href="http://faizan-stockpicks.blogspot.com/" target="_blank">Faizan's Stock Picks</a></p>A Multi-year Bull Markettag:www.thebullbear.com,2011-01-03:3301355:BlogPost:107002011-01-03T12:07:20.000ZMohammad Faizan Azamhttps://www.thebullbear.com/profile/MohammadFaizanAzam
<p>I was reading the following article:</p>
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<p><a href="http://www.bloomberg.com/news/2010-11-10/u-s-stocks-are-in-multi-year-bull-market-morgan-stanley-s-darst-says.html">http://www.bloomberg.com/news/2010-11-10/u-s-stocks-are-in-multi-year-bull-market-morgan-stanley-s-darst-says.html</a></p>
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<p>Is it true or even possible that we are entering a multi-year bull market?</p>
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<p>What do you think?</p>
<p>I was reading the following article:</p>
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<p><a href="http://www.bloomberg.com/news/2010-11-10/u-s-stocks-are-in-multi-year-bull-market-morgan-stanley-s-darst-says.html">http://www.bloomberg.com/news/2010-11-10/u-s-stocks-are-in-multi-year-bull-market-morgan-stanley-s-darst-says.html</a></p>
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<p>Is it true or even possible that we are entering a multi-year bull market?</p>
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<p>What do you think?</p>An interesting setup: Flotek Industries Inc. (FTK)tag:www.thebullbear.com,2011-01-02:3301355:BlogPost:106852011-01-02T20:12:42.000ZMohammad Faizan Azamhttps://www.thebullbear.com/profile/MohammadFaizanAzam
<p>My long term stance on the current market is bullish. Therefore, I am inclined to giving greater importance to any bullish signals I see in a stock's chart.</p>
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<p>Here is one interesting bullish setup that I wrote about on my blog before markets opened on Wednesday December 29th. (FTK is up 28% since I wrote about it).</p>
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<p><strong>Original post (published before open on Wednesday December 29th):</strong></p>
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<p><em>"Flotek Industries Inc. is a…</em></p>
<p>My long term stance on the current market is bullish. Therefore, I am inclined to giving greater importance to any bullish signals I see in a stock's chart.</p>
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<p>Here is one interesting bullish setup that I wrote about on my blog before markets opened on Wednesday December 29th. (FTK is up 28% since I wrote about it).</p>
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<p><strong>Original post (published before open on Wednesday December 29th):</strong></p>
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<p><em>"Flotek Industries Inc. is a basic materials company. This sector is currently in a very bullish uptrend (take a look at my previous pick: <a href="http://faizan-stockpicks.blogspot.com/2010/12/dynamic-materials-corp-boom.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+StockPicksByFaizan+%28Stock+Picks+by+Faizan%29">Dynamic Materials Corp.</a> for an analysis of this sector). To analyze this stock I am using an Ichimoku overlay on FTK's weekly chart as shown below.</em></p>
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<p><em>NOTE: For details on Ichimoku Charts read <a href="http://www.amazon.com/Ichimoku-Charts-Introduction-Kinko-Clouds/dp/1897597843?ie=UTF8&tag=stopicbyfai-20&link_code=btl&camp=213689&creative=392969" target="_blank">Ichimoku Charts: An Introduction to Ichimoku Kinko Clouds</a><img src="http://www.assoc-amazon.com/e/ir?t=stopicbyfai-20&l=btl&camp=213689&creative=392969&o=1&a=1897597843" style="border: medium none ! important; margin: 0px ! important; padding: 0px ! important;" width="1" border="0" height="1"/>.</em></p>
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<p class="separator" style="clear: both; text-align: center;"><em><a href="http://4.bp.blogspot.com/_w1MJL3s0tgs/TRsCUcFbriI/AAAAAAAAABo/4jlYVZiwPLY/s1600/FTK+Weekly.jpg" style="margin-left: 1em; margin-right: 1em;"><img src="http://4.bp.blogspot.com/_w1MJL3s0tgs/TRsCUcFbriI/AAAAAAAAABo/4jlYVZiwPLY/s640/FTK+Weekly.jpg" width="640" border="0" height="492"/></a></em></p>
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<p><em>FTK closed at $4.25 a share on Tuesday, December 28th. On the chart shown
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above I have marked four regions where strong bullish formations are<br />
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appearing.</em></p>
<p><em><b>Region 1:</b> In early November FTK's price moved decisively above both the conversion line(blue) and the base line(red).
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Also, during the same week after almost 3 years of trading the stock<br />
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broke above the Ichimoku cloud. This is a very bullish signal,<br />
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especially if the breakout occurs after a long period as in FTK's case.</em></p>
<p><em><b>Region 2:</b> Since the cloud is shifted 26 days, it provides a glimpse of future
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trends. On the chart above it can be seen that the cloud turns from red<br />
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to green indicating bullish moves in the future.</em></p>
<p><em><b>Region 3:</b> This part is really important. It can be seen that all the above mentioned
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technical formations were supported by huge trading volumes. High<br />
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amounts of volume makes breakouts more reliable.</em></p>
<p><em><b>Region 4:</b> Finally the sharp upward turn in the stock's RSI is a strong indication of rapid bullish progress for the stock in the future.</em></p>
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<p class="separator" style="clear: both; text-align: center;"><em><a href="http://1.bp.blogspot.com/_w1MJL3s0tgs/TRseUgo1CCI/AAAAAAAAABs/wi2RK4EOKNw/s1600/FTK+Daily.jpg" style="margin-left: 1em; margin-right: 1em;"><img src="http://1.bp.blogspot.com/_w1MJL3s0tgs/TRseUgo1CCI/AAAAAAAAABs/wi2RK4EOKNw/s640/FTK+Daily.jpg" width="640" border="0" height="484"/></a></em></p>
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<p><em>FTK's daily chart is also showing some interesting formations.</em></p>
<p><em>Notice after the most recent upward rally, the stock is now trading in a
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narrow symmetric trading range. A breakout above this range will mean<br />
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another bullish run. While a breakdown will indicate a short term<br />
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correction. So, the daily chart is also worth keeping an eye on.</em></p>
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<p><em>To sum up I think FTK is presenting a good long term investment for a hold
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period of six months to two years. Good sell points can be past<br />
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resistances and supports around $10.00 and $15.00. This can give a<br />
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decent 100% to 200% profit.</em></p>
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<p><em>NOTE: One of my previous picks <a href="http://faizan-stockpicks.blogspot.com/2010/11/geeknet-inc-gkntd.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+StockPicksByFaizan+%28Stock+Picks+by+Faizan%29">Geeknet Inc. (GKNT)</a> is up 25% in just over a month. This can be a good sell point for short term traders.</em></p>
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<p><em>That's it for today. Don't forget to subscribe for regular feeds."</em></p>
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<p>This post was from <strong> </strong><a href="http://faizan-stockpicks.blogspot.com/" target="_blank">Faizan's Stock Picks<em> </em></a><em>.</em></p>
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<p>Just wanted to share it with you guys.<em><br/></em></p>
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