HOKU- Episodic Pivots
HOKU has lot of people excited, but it was a EP candidate on first day of its getting the big order. It offered subsequently more buying pints. Now that it is up more than 70% since first EP everyone is noticing it.
The Catalyst:
The maker of clean energy technologies signed a seven-year, $185 million contract to a maker of solar panels and said it might increase capacity of a planned factory.
Related post: Episodic Pivots
7 comments:
how long does a stock have to trade after an IPO before you would consider it to have reasonably valid pivot points? A quarter/year/days?
Thanks, Cheers.
Days
It looks like old Bill Gross is trying to keep the market short on bonds just as bonds were recovering yesterday as traders sold stocks to buy bonds. Hence the stock reversal today.
What indicators do you have in middle pane of attached HOKU chart?
What about bottom pane?
Thank you in advance!
Middle:
Two both in green
( 100 * (C - C1) / C1) >= 10 AND V > 1000 AND C >= 5
C > C1 AND V > 5 * AVGV50.1 AND V > 3000 AND C > 5
Bottom
Three different scans. All three in light blue.
( 100 * (C - C1) / C1) >= 20 AND V > 10000 AND C >= 5
( 100 * (C - C1) / C1) >= 30 AND V > 3000 AND C >= 5
(C - C1) >= 5 AND V > 10000 AND C >= 5
Thank you for sharing, most insightful blog.
Pradeep,
Where do you find the most up to date earnings info?
Do you consider the Industry ranking before taking a position in EP candidates?
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