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Ascending Triangles - Gotta love 'em!

Started by basonista, March 02, 2006, 07:58:47 AM

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ScottishTrader

Thanks very much for your input Wrangler, I'm staying away from TIVO for now  :)

thai626

SVA ......... looks good intraday.  Short term looks good too.



Current Holdings:  ASTM, STV, SVA, NIHK.ob

fataunt

Hi, folks,can any one help me to check if
HLIT fit the pattern...I try to copy the chart..to this MB..but I dont know how to do it

tks in advance...I am using E-signal..

statement00

UPDATE

1)EXFO- hit target of 7.91, High 8.50

2) SDRG-Breakout yesterday, already hit a high of 1.39, +39%


wrangler

SDRG : looking great,wish I was ready to buy
wrangler

statement00

Quote from: wrangler on March 17, 2006, 12:43:29 PM
SDRG : looking great,wish I was ready to buy

I know wrangler, I had SDRG on my watch list, but I was fully invested when it brokeout. It has almost hit its 60% target in 2 days, amazing.

Here's my list of other short term ascending triangles that I'm watching:

1)MAG
2)GBN
3)CBIZ
4)STXN

Se7en

Així és la Catalunya, així és el Barça! Mès que un club!!!

wrangler

hi statement00
Keep you're pick's coming.applaud
here's four stocks I'm holding 'you might want to check out.SQNM,SOFO,WOLV,VWPT
Goodluck trading to all :)
wrangler

statement00

Thanks wrangler and se7en. Also thanks for the picks wrangler, I'll have to take a look, good luck with them  ;)

Here's one more longer term ascending triangle I'm keeping an eye on SIR.

calven

Will be watching this one closely. I liike the trade... now the entry???

8.55?  ???

>:D
StockGravity.com - The Forces that Move Stocks!
http://www.stockgravity.com

calven

Like GBN also (applaud)

StockGravity.com - The Forces that Move Stocks!
http://www.stockgravity.com

calven

APH - 50$ stock but a clear ASC TRI
StockGravity.com - The Forces that Move Stocks!
http://www.stockgravity.com

calven

StockGravity.com - The Forces that Move Stocks!
http://www.stockgravity.com

Deadb440

Here's one just missed on Friday but it still has some steam left........ :)

Calven,  do you use a scan to pull up so many Ascending triangles or is it strictly visual...?


wrangler

VWPT : maybe tomorrow it will break thru the ascending triangle with the release of new's that was given after hours today.
Press Release Source: Viewpoint Corporation


Viewpoint Announces 29% Reduction in Services Staffing Costs
Monday March 20, 5:58 pm ET 
Company to Focus on Strategic Growth Areas of Search and Ad Solutions Businesses
Viewpoint Increases Non-Cash Impairment From Preliminary Financials for 2005 Due to Lowering 2006 Forecast in Services Business
The Company Reconfirms 2006 Guidance


NEW YORK--(BUSINESS WIRE)--March 20, 2006--Viewpoint Corporation (NASDAQ: VWPT - News), a leading internet marketing technology company, today announced that the Company will reduce the services group workforce by 29%, and increase the 2005 non-cash impairment of goodwill for its services business from $3.8 million to $7.8 million in the fourth quarter.
ADVERTISEMENT


The creative services group operations will now reside primarily in the Company's Los Angeles facility. Accordingly the Company will record a one-time charge of approximately $100,000 in the first quarter of 2006 due to the reduction of services employee costs. The elimination of these positions will reduce expenses by $1 million in 2006. The remaining services personnel will continue to concentrate on the core automotive and heavy industry verticals, and will be supported by cost-efficient outsourced partners in the U.S. and overseas. The Services business will also evolve to support the ad solutions business as needed for rich media banner creative.

Patrick Vogt, Chief Executive Officer, commented, "These changes will drive increased efficiency in our operations, while putting more emphasis and focus on our strategic growth areas. This restructuring will have a positive impact on our business, outsourcing more of our services business offshore will provide a cost savings and make us a more efficient company. In addition, it will allow us to increase the focus on our high-growth businesses of Search and Ad Solutions across our company. We have made great progress in evolving our company over the past six months and are very excited about our businesses going forward. These changes also do not change our 2006 revenue guidance."
wrangler