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freddysukamta
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Freddy is a college student, started his stock trading since 2008. He founded Protege Analytics, a blog which uses simple methods to find good stock and evaluate stock market. You can visit his blog Protege Analytics (http://www.protegeanalytics.com)
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  • Today’s Stock Picks: ExlService & Cognex 3-May-2011 0 comments
    May 3, 2011 3:05 PM | about stocks: EXLS, CGNX

    Hello trader, I found these two stocks and I want to discuss about them with you all. I hope my analyses can help you to make a better trading decision.

    ExlService Holdings Inc (EXLS) is an outsourcing and transformation services company. The stock price has broken its solid rectangle's resistance with high volume. What happened to the company? I saw on news that the company reported earnings of $0.33 per share, $0.08 better than the Thomson Reuters consensus of $0.25. The parabolic SAR also appeared below the candlesticks, indicating the stock would go higher.

    Cognex Corp (CGNX) is a machine vision product company. The stock price breaks above its cup without handle's resistance and making a new 52 weeks high with high volume. The story behind this is the company reported their best first-quarter revenue performance in its 30-year history (the EPS rose 45%). Beside that, the parabolic SAR and simple moving average crossover also indicates the stock price is on its way to go higher.

    Goodluck!

     


    Source:
    Find Your Daily Stock Picks Here - Protege Analytics
     

    Stocks: EXLS, CGNX
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