Great Trades

Great stock trades based on fundamentals and technical analysis.

Thursday, December 15, 2005



SFCC traded as high as $21.84 premarket, up over 4 points from yesterday, providing a great selling opportunity, but then on the conference call some questions were raised about the VP of legal affairs having a criminal background and some other allegations. The stock sold off sharply from there, creating a technical breakdown.

With today's breakdown, SFCC should be avoided until the allegations raised today are cleared and the chart setup improves.

WPCS blew out their earnings report, reporting .20 vs. .02 a year ago for 1000% growth. The stock rallied as high as 9.62, up almost 2 from yesterday, providing a good selling opportunity with the extended technicals. A good pullback will be a good buying opportunity to reacquire shares for the long run.

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Disclaimer: Great Trades may have a position in all or some of the stocks discussed in this blog, but is not paid by any company to promote their stock. Great Trades contains opinions, none of which constitute a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. Great Trades does not provide personalized investment advice.

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