Avoid Painful Losses & Stay More Informed
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net
CANSLIM.net
*While this article is now several years old, it has been
reintroduced to illustrate a timeless concept.
Avoid Painful Losses & Stay More
Informed
The following commentary and graph were just featured on Tuesday,
January 11th, 2005 in CANSLIM.net's "Featured Stock Update" section in the CANSLIM.net
Daily After-Market Update. You had received this report right as CAI started getting
into technical trouble. See how the educational and timely analysis from our experts
is the true value of CANSLIM.net's ongoing reports as the study below provides another
excellent example of how CANSLIM.net's premium pay services help investors learn
how to maximize gains and minimize losses.
What Happened?
If you missed the technical
warning signals we pointed out in CAI's price/volume chart you may have endured
an -11% decline in just two additional weeks (it gapped down today
- 01/25/05. Costly lessons like this offer another important reason that a CANSLIM.net
StockNews Membership makes sense to so many investors. We coach you and help
to walk you through!
This is How The Story Originally Appeared in the CANSLIM.net
After-Market Update on Jan. 11, 2005
| The stocks below
have been featured in past issues of CANSLIM.net News, CANSLIM.net
Stock Alerts Reports, or CANSLIM.net Stock Bulletins. Our experts
monitor these stocks and post updates on noteworthy action here. |
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Sustainable
BreakOuts Will Easily Meet Volume Guidelines
CACI International Inc (CAI -$1.16
or -1.88% to $60.61) was featured in the December,
2004 issue of CANSLIM.net News and it was last included in this
"Featured Stock Update" section on December 6th in the CANSLIM.net
After-Market Update as we pointed out that on that session it
had traded above its pivot point identified in the original
report but "volume did not stay heavy throughout the afternoon,
and at day's end it was only 37%+ above average, shy
of the 50%+ minimum guideline for a proper buy candidate.
Without serious institutional buying demand, the lighter volume
breakout today leaves investors a reason to question how sustainable
the advance may be. Watch for better confirmation in the
action over the coming days." Instead of getting that confirmation,
CAI stalled and was pressured lower in the midst of the early
'05 market declines. It is now in danger of a more serious meltdown,
and only a prompt rebound above its 50-day moving average line
would improve its near-term outlook. For those who are existing
shareholders, any further deterioration should probably not
be tolerated.
|
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This is How the Stock Looks Now...
Eventually the market will
improve! Stay more informed, and make more profits.
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About
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net :
Kenneth J. Gruneisen has successfully completed the CAN SLIM® Certification Program. Mr. Gruneisen became a Registered Representative in 1987 and his career includes experience offering personalized assistance to investors with more than a decade of experience as a Registered Principal managing a branch office.
The recommendations made by CAN SLIM® certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil & Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil & Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.
Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.
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