Trade of the Day

青影

特别声明：只是参考，学习，不推荐操作，如果操作了，赚了是你的，赔了也是你的，表找我。

Monday, April 13

Generac Holdings Inc. (GNRC) is a $3.3 billion industrial goods company that designs, manufactures, and markets power generation equipment and other engine powered products for the residential, light commercial, industrial, oil and gas, and construction markets in the United States, Canada, and internationally.


GNRC gaped up on strong earnings in February but has been trending lower ever since.
In fact, it’s now approaching the gap support around $47.61, with price support just below that at $47.

However, from a technical perspective, the RSI is currently at 42, the daily MACD has reset close to centerline support, and the volume trends are solid.

Entry at the current price down to that gap support price of $47.61, and a closing stop at $47.

Short-term target would be a return to the recent high around $50.75.

zhao

hotday

FA not very attractive, too much debt, growth not good, plus PE a little high...

源济

青影

今天涨了

vying

青影

The classic lower right shoulder as price limped along in 2015. And now the neckline — the last gasp support level in the scenario — has broken. The common calculation in this setup is to double the gap between the head and neckline. This yields a conservative target of $92.81 and a speculative target of $79.60.

青影

a bullish play on Jabil Circuit, Inc. (JBL), a diversified manufacturer based in Florida that, among other things, supplies Apple Inc (AAPL) with phone casings. Shares touched a 52-week high of $24 on April 9, while Monday’s low reached $23.62.

Near-term support is at $23.50, followed by $23. Continued closes above $24 would be bullish for a run to $26–$28 --– and JBL’s 10-year chart shows a possible run to $30.

Buy the JBL May 24 calls (JBL150515C00024000) at current levels, around $0.60, for target $1.20. These are the regular monthly options that expire on May 15.

The money will double on a move past $25–$25.25, as the options will be worth $1.00–$1.25 if these levels are reached by mid-May.

青影

ANN INC. (ANN) is a $1.76 billion services company that engages in the retailing of women’s apparel, shoes, and accessories under the Ann Taylor and LOFT brands.
ANN had a gap higher in mid-March on nice earnings, and with excellent volume.

It got as high as the price resistance from back in August/September of 2014 before pulling back on lighter volume over the last several weeks.

However, this selling has helped to reset some of the overbought technical indicators, and so we think that ANN represents a solid reward to risk trade opportunity.

Consider entry at the current price, a second entry at $37.50, with a stop on a close below $37 and a target back up around $42.50.

acoust

青影

The E.W. Scripps Company (SSP) is a $1.32 billion services company that operates as a media enterprise with interests in television stations, newspapers, and local and national digital media sites.


SSP had a great first quarter, moving up almost 40% in February and March, but that move higher pushed all of the technical indicators we look at (RSI, Stochastics, MACD) into overbought territory, with an RSI reading near 80 at the end of March.
April has seen a decent amount of selling, some of it on moderate volume, but this pullback has allowed all of those indicators to reset to better levels for entry.

Looking at the RSI in particular, currently at 42, any reading near 40 has represented a solid reward to risk entry over the past six months.

We’re also seeing a test of the 50 day moving average, and with price support around $22.34, this looks like a good time to enter at the current price, with a second entry at $22.50, a stop on a close below $22, and a target of $27.

青影

Advanced Semiconductor Engineering Inc. (ASX) is a $10.8 technology company that provides semiconductor packaging and testing services in the United States, Taiwan, Asia, Europe, and internationally.


Semiconductors have been under some pressure since topping in early March and ASX has been no exception.
ASX also was hitting its high in early March, but was overbought with its RSI and stochastic levels above 70 and 90, respectively.

From its peak, ASX fell between 15%-20% as it unwound its overbought oscillators.

With an RSI reading now close to 40 and a reversing hammer printing on Thursday, now appears to be a solid reward to risk entry point on ASX.

Consider entry at the current price and $6.75, with a closing stop of $6.50 and a target of $8.00.

青影

Options traders are targeting Baidu Inc (ADR) (NASDAQ:BIDU) today, as stocks slide in the wake of China's new trading rules. At last check, BIDU options were changing hands at double the intraday rate, with calls the contracts of choice.

One of the day's most active contracts is BIDU's September 280 call, where it appears buy-to-open activity is taking place. By purchasing this call at a volume-weighted average price (VWAP) of $1.27, speculators anticipate the shares to muscle their way north of $281.27 (strike plus VWAP) -- in uncharted territory -- by the close on Friday, Sept. 18, when the option expires.

Technically speaking, the shares of BIDU have marched steadily lower since hitting a Nov. 13 all-time high of $251.99, down 18.3% to linger near $205.98. Accordingly, sentiment in the options pits has been more bearish than normal, as BIDU's 10-day International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) put/call volume ratio of 0.89 ranks in the 98th percentile of its annual range. Furthermore, the security's Schaeffer's put/call open interest ratio (SOIR) of 1.00 is higher than 80% of all equivalent readings taken over the past year, showing that near-term traders are more put-skewed than usual.

Looking elsewhere, Baidu Inc (ADR) (NASDAQ:BIDU) has been held in high-esteem by the brokerage bunch. Specifically, 11 out of 12 covering analysts rate the stock a "strong buy." Also, BIDU's consensus 12-month price target of $250.65 represents a 21.7% premium to current trading levels.

青影

CarMax Inc. (KMX) is a $14.8 billion services company that operates as a retailer of used vehicles in the United States.
KMX gapped higher in early April following a solid earnings report.

Volume was strong on the move higher, but it quickly became overbought, and has been pulling back for the last few weeks.

This has allowed the overbought indicators (like the RSI and Stochastics) to pull back to more favorable levels, and KMX now resides in the middle of gap support.

Consider a first entry at the current price, with a second entry at $68, a tight closing stop at $67.50, and a target back at $75, the early-April highs.