MXWL

[eliteG]

MXWL(nasdaq) - Maxwell Technologies Inc.

Mkt Cap:                          379.35M
Float:                                14.34M

Profile:  Maxwell Technologies applies industry-leading capabilities in power and computing to develop and commercialize electronic components and power and computing systems for customers in multiple industries, including transportation, telecommunications, consumer and industrial electronics and automation, medical imaging, and aerospace.

Our high-reliability components and systems business consists of the following product lines:

   * ultracapacitors for energy storage and delivery of rapid bursts of power for applications ranging from consumer electronics to hybrid diesel/electric buses
   * microelectronics for space and military applications requiring high reliability in radiation-intense environments
   * high voltage capacitors for switchgear, CVT and laboratory applications

These products address rapidly growing, high-value markets, and are protected by strong intellectual property positions.

website: http://www.maxwell.com/


Charts

long-term


medium-term


short-term



Trade Plan

MXWL's chart is on fire so we will run this chart according to the blazing technicals.  We have different breakouts on all time-frames on strong volume.  

On the long-term chart we can see a solid inverse head and shoulders base and our 1st target of 30.  The medium-term chart demonstrates 3 solid consolidation boxes in a rising ascending channel.  With this breakout the top of the ascending channel could become support.  The short-term chart shows a strong breakout on volume from a broadening type pattern.  Moving averages are all below supporting the chart action.

Depending on our entry price tomorrow this trade should give us a nice 3:1 reward to risk ratio.  This powerful chart needs to be in the 3SOF portfolio.

We will buy MXWL in the morning on 6/5

[la-onda]

fyi:
1)
8 slides alternative energy analysis (MXWL mentioned):
http://www.knobias.com/research.pdf?id=5471
2)
MXWL: Short Interest UP 4.0% to 1.3M in May 2006
Wednesday, May 24, 2006 16:20 ET

According to new short interest data from NASDAQ, short interest for Maxwell Technologies, Incorporated (NasdaqNM: MXWL) INCREASED 4.0% to 1,294,300 shares for the month ended mid-May, 2006.

SYMBOL             APRIL           MAY          CHANGE       %CHANGE      DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
MXWL           1,244,191       1,294,300         +50,109        +4.03%           9

Based on MXWL's 20-day average daily share volume of 149,374, it would require approximately 9 day(s) of buying to cover this short interest.

3)
Maxwell Technologies Introduces Compact, Light Weight 'C-Cell' BOOSTCAP(R) Ultracapacitor Products for Industrial and Transportation Applications
Wednesday, May 31, 2006 08:01 ET

SAN DIEGO, May 31, 2006 /PRNewswire-FirstCall via COMTEX/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) announced today that it has introduced BOOSTCAP(R) Energy- and Power-type "C-Cell" ultracapacitor cells and multi-cell packs to provide high-performance, "life-of-the system" alternatives to batteries for a wide range of industrial and transportation applications.

Dr. Richard Balanson, Maxwell's president and chief executive officer, said that the new 2.5-volt cells have the same external dimensions but weigh just one-third as much as the familiar C-size battery, and are designed for easy mounting on printed circuit boards and in other electrical devices and systems. Representative applications include industrial robotics, actuators, telecommunications power buffering and back-up, aircraft door and air bag actuation, distributed power nodes for automotive subsystems and solar energy system augmentation, among others.

"Global demand for ultracapacitor-based energy storage and power delivery solutions is growing rapidly, and we are committed to providing the industry's most complete single- and multi-cell product portfolio," Balanson said. "The new C-cell is the only product of its size and capacitance that is hermetically sealed through a proven double seaming process to ensure long life and reliability."

Michael Everett, Maxwell's vice president and chief technical officer, said the 120-farad BCAP0120 P250 Power-type C-cell is engineered specifically for high-cycling applications that require the lowest equivalent series resistance (ESR) and highest efficiency, while the 140-farad BCAP0140 E250 Energy version is designed to provide more economical solutions for lighter duty applications. Each also is available in a fully integrated six-cell, 15-volt, pack.

Other recently introduced BOOSTCAP ultracapacitor products include cells ranging in capacitance from 320 to 2,600 farads and more than 20 fully integrated packs and modules based on the new cells. All of the cells with a capacitance of 650 farads or greater operate at 2.7 volts, enabling them to store more energy and deliver more power per unit volume than any other commercially available ultracapacitor products.

"All of these products meet or exceed demanding transportation and industrial application requirements for both watt-hours of energy storage and watts of power delivery per kilogram and will perform reliably for more than one million discharge-recharge cycles," Everett said. "The proprietary architecture and material science on which these products are based also significantly reduce manufacturing cost, positioning Maxwell to compete favorably with batteries and other energy storage technologies."

BOOSTCAP ultracapacitors deliver up to 10 times the power and longevity of batteries, require no maintenance and operate reliably in extreme temperatures. In transportation applications, they efficiently recapture energy from braking for reuse in hybrid drive trains, reducing fuel consumption and emissions. They also provide compact, lightweight, "life-of-the vehicle" solutions to stabilize automotive power networks and power new, all-electric subsystems, such as drive-by-wire steering. In mission critical industrial applications, where backup power is critical for continued operation or a soft shutdown in the event of power interruptions, they provide reliable, cost-effective, maintenance-free energy storage. In wind turbine blade pitch and braking systems and other industrial applications, they provide a simple, solid state, highly reliable, solution to buffer short-term mismatches between the power available and the power required.

[eliteG]

update MXWL:

We got our entry in MXWL today as the stock pulled back.  The stock is close to testing the breakout so we should see a bounce shortly if the breakout was genuine.  Lets see what the market tells us.

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Position: bought MXWL @ 21.68 on 06/05/2006
Order: Hold
Exit:
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[eliteG]

update MXWL:

MXWL is holding near its 20 ema. The stock put in a nice hammer with the rest of the market on Thursday and so now we are looking for a strong bounce.  We will continue to hold MXWL without a stop but will be prepared to sell it based on a weak close.

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Position: bought MXWL @ 21.68 on 06/05/2006
Order: Hold
Exit:
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[eliteG]

update MXWL:

MXWL has violated the reason we bought it.. (the breakout).. so we should look to sell here.  There was a nice bounce today but the volume was not of strong support caliber.  We will look to sell MXWL above 20.. which may act as a magnet here after this price rise.

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Position: bought MXWL @ 21.68 on 06/05/2006
Order: Sell above 20
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[realcoolhead]

G, would it be more logical to have set the stop at about $20 when it fell back to the previous trading range which indicated a false breakout? Perhaps you would have done that if you were not gone because of your family matter?

[eliteG]

G, would it be more logical to have set the stop at about $20 when it fell back to the previous trading range which indicated a false breakout? Perhaps you would have done that if you were not gone because of your family matter?

Hey realcool.. yes a bit below $20 would have been a good stop level.  Sometimes it is good to be tight with that stop especially in a tough market.

update MXWL:

We were hoping to get a chance to sell MXWL above 20.. but the chart is not looking great.  We will try to sell intelligently.  If the market travels higher Tuesday we may be able to delay our sell until later in the day and get a better sell price.  If things are looking weak we will let it go early on.

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Position: bought MXWL @ 21.68 on 06/05/2006
Order: Sell according to plan.
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[Maestro]

Has anybody sold yet?

[trees-uk]

not yet!! 20.45 at the moment, will watch it see where it goes from here.

[Amarens]

Sold yesterday at 21,45. Not a huge profit, but at least not a loss which is a good thing these last weeks 

G, thanks for the tip and sorry it did not work out positively for 3SOF.

Amarens

[BigSully1]

Chart update