New York & Company Inc (NWY) Services Sector

Fundamentals (News and company statistics):

PPS: $2.01

Market Cap: 129M

Vol: 560K

Avg Vol: 79K

Float: 24.06M (High Float = Less float rotation)

Outstanding Shares: 64.21M (Private Equity/Company Equity)

 

News: The company announced 2Q Profit as of 3 days ago, also NWP got the help of two famous actors, Eva Mendes and Gabrielle Union for jump on good earnings.

 

Technical (Patterns and key levels also include candle sticks):

U shape pattern that could possibly turn into a Break Out…

Currently trading above 2 and 2 is also a key level so will act as resistance

Very Bullish Wedged price action over the last 7 weeks

The last Candle Stick on the daily is very Bluish…

O: 1.72

H: 2.11

L.1.72

C: 2.01

 

Looking into the one hour chart we can see that the price action has come down to meet the point of a major support level from 2009.

 

Strategies:

 

BUY Break of key level/Whole number (Strategy 1)

Watch Pre-market on /YF

I am anticipating a breakout play on good news to BO above 2.38.

I’m hoping that as a key level and a Whole Number 2 will hold its value and the share price will spike breaking above the prior high of day at 2.10 which is only 9 cents away from current share price.

 

Trent may follow (Strategy 2)

If Price Action falls below the whole number and key level of 2 then it could form a Multiple Top continue lower, following the overall trend of the stock lower.

 

In this case the stock may consolidate around 2 as a key level for several days due to Q2 earning report 3 days ago keeping it hyped.

 

Jumei International Holding Limited (JMEI) Services sector

Fundamentals (News and company statistics):

PPS: $4.34

Market Cap: 527.11M

Vol: 12.5M

Avg Vol: 1M

Float: 66.4M

Outstanding Shares: 149.75M

News: No News just Hyped Technical Traders.

 

Technical (Patterns and key levels also include candle sticks):

Very over extended chart pattern, up over a $1 a share in 4 days and has a very extensive track record of holding its highs then spiking over the last few days. It is once again holding it’s highs so it may consolidated and move higher. This will be a good first red day trade.

O: 2.83

H: 3.75

L: 2.81

C: 3.52

 

Strategies:

 

BUY Breakout (Strategy 1)

Wait for the stock to bottom out at the half dollar mark or the support level 3.30 when it bottoms out wait for a window of consolidation followed by a continuation pattern to create momentum toward the upside if this happens then we have a clear shot for the BO.

 

Trent may break (Strategy 2)

The current share price is trading close of a key resistance level at 3.74 and the pattern is very overextended so if this key level does hold the stock may plummet and turn into a very nice shorting opportunity. Get out before the key support point at 3.31.

 

Sportsman's Warehouse Holdings, Inc. (SPWH) Customer Good sector

Fundamentals (News and company statistics):

PPS: $4.34

Market Cap: 184.574M

Vol: 13M

Avg Vol: 922K

Float: 31.58M

Outstanding Shares: 42.53M

News: Beat earnings estimates by 0.02 (15.38%) on Friday .

 

Technical (Patterns and key levels also include candle sticks):

Spiked Friday Morning after earnings and held highs throughout the day,

Pre market went up from 3.56 – 4.10 on Earnings and within an hour later reached 4.82 (+1.26) then held its highs closing the day at 4.34. There is a key Support point at 4.30.

 

O: 4.10

H: 4.83

L.4.05

C: 4.34

Strategies:

BUY the dip (Strategy 1)

The fall from apex to low of the day is 4.82 - 4.33 = 0.49 (range)

Wait for price action to hit off 4.30 key level and ride the bounce up for a 10% ($0.05) move where you can lock in half profits. Wait for the move to continue high to the breakout zone then you can add in to a multi month break out.

 

Trent may follow (Strategy 2)

If Price Action falls below the key level of 4.30 then the price action could continue lower, following the overall trend of the stock lower.

 

Professional Diversity Network, Inc. (IPDN) Tech Sector

Fundamentals (News and company statistics):

PPS:

Market Cap: 23.17M

Vol: 298,252K

Avg Vol: 39,123K

Float: 812.39K

Outstanding Shares: 3.93M

News: 10Q explaining about an overseas expansion in China that lasted 3 months from March – 30^th June. Also holding a conference call on the 5-6^th October with its President Star Jones speaking. There will be 70 counties to attending.

Technical (Patterns and key levels also include candle sticks):

O: 4.97

H: 6.33

L: 4.97

C: 5.89

Strategies:

BUY the Breakout (Strategy 1)

Wait for the stock to push up and break above the prior days high at 6.17. This should create the Momo to hopefully then push the stock above multi week highs but take half profits along the way. The stock gaped up $00.44 in the last candle push so I am assuming this will follow another trend up as it’s had 4 hours of consolidation Friday.

 

Trent may follow (Strategy 2)

If Price Action falls below the key level of 4.30 then the price action could continue lower, following the overall trend of the stock lower. There has already been a couple of big red candles in the last few hours of Fridays market but within the time frame of the last hourly candle the stock gaped up $00.44

 

China Finance Online Co. Limited (JRJC) Tech Sector

 

Fundamentals (News and company statistics):

PPS: $2.31

Market Cap: 54.56M

Vol: 575K

Avg Vol: 117K

Float: 11.45M

Outstanding Shares: 23.62M

News: Reported 2Q Loss and conference call followed… China Finance Online cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors including those discussed in China Finance Online's reports filed with the Securities and Exchange Commission from time to time. China Finance Online specifically disclaims any obligation to update forward-looking statements in the future.

Technical (Patterns and key levels also include candle sticks):

O: 2.02

H: 2.38

L: 1.88

C: 2.31

Strategies:

BUY the Breakout (Strategy 1)

The price action is trading just below a major resistance level at 2.38 if this key level breaks it will be a Multi Month Breakout.

 

Double Top (Strategy 2)

If the price action does not push above 2.38 and is taking its time to push through it may actually double top followed by a parabolic shorting action.

 

Phoenix New Media Limited (FENG) Tech Sector

 

Fundamentals (News and company statistics):

PPS: $4.50

Market Cap: 321.9M

Vol: 4.6K

Avg Vol: 304K

Float: 31.27M

Outstanding Shares: 71.53M

News: FENG has announced a profit on Q2 earnings. Also the Senior Vice President has left for personal reasons 3 days ago. Q2 Positive Earnings Conference came out 2 days ago

 

Technical (Patterns and key levels also include candle sticks):

FEGN at first glance looks very over extended but is now in a window of consolidation. From here I will wait for either support or resistance to be broken to make my move. It is possible it could multiple top at around 4.50 but if it does push high it will be a very good multi month buy

O: 3.82

H: 4.81

L: 3.73

C: 4.50

Strategy’s:

BUY the Breakout (Strategy 1)

If the stock bounces back off the 4.48 support it has a good chance of breaking out above new multi month highs.  

 

Trent may follow (Strategy 2)

Trading around a half dollar mark and is caught in a channel of consolidation between 4.48 – 4.76 the last red candle stick is bigger and stronger then the last two green candle sticks combined and if the support level does snap that is my time to get in.

 

 

 

	NWY	JMEI	SPWH
Date	21/08/2017	21/08/2017	21/08/2017
P (Pattern/Price) (1-20)	16	17	16
R (Risk/Reward) (1-20)	18	15	17
E (Ease of Entry/Exit) (1-10)	7	7	7
P (Past Performance/History Of Spiking) (1-10)	10	5	6
A (At what time is it? Personal Schedule) (1-20)	20	20	20
R (Reason/Catalyst) (1-10)	8	5	8
E (Market Enviroment) (1-10)	4	4	4
Total	83	73	78

 

	IPDN	JRJC	FEGN
Date	21/08/2017	21/08/2017	21/08/2017
P (Pattern/Price) (1-20)	17	19	19
R (Risk/Reward) (1-20)	16	18	17
E (Ease of Entry/Exit) (1-10)	7	7	7
P (Past Performance/History Of Spiking) (1-10)	4	6	6
A (At what time is it? Personal Schedule) (1-20)	20	20	20
R (Reason/Catalyst) (1-10)	9	5	8
E (Market Enviroment) (1-10)	5	5	5
Total	78	80	82