Here are some recently requested charts: SAP, TZIX, ALDA and WES
SAP looks pretty good (even if I hate trading ADRs / ADSs because of all the gaps):
I got the following note about TZIX:
I owned this one (TZIX) in late April on the way up riding the news of positive earnings. I’m wondering if now is the right time to short it. MACd is showing a big drop off in divergence from .28 5/6/05 to now flat to -.02. The Stochastic indicator also shows the stock as being overbought (%k above 80 and could cross %d). It has a thinly traded volume and good earnings momentum as of late, so I’d like to get your thoughts on where it is currently trading and where it could go.
I can’t help but think that he’s looking to “get back” at the stock b/c he missed the rally. I hope that’s not the case. Anyway, the stock looks like it’s headed higher — at least for the short term. How high? I have no idea. If I really wanted to short this puppy I’d at least wait for it to start heading lower. So I’d key off of some short term moving average or a break of support.
Here’s WES, which is too thinly traded for my liking:
And last but not least, ALDA:
Thank you Mike!
I bought into ALDA today and an added bonus is that they have a $1.00 special dividend for holders as of 6/7.
Lisa