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Thursday, April 19, 2007

April 19th - AMX TTEK

Cramer said that a good stock picker to follow is Carlos "Slim", who is now the second richest man in the world. The best stock that Slim holds is America Movil S.A.B. de C.V. (AMX)

Closing Price: $51.11
After Hours High: $52.29
Percent Increase at High: 2.3%
After Hours Most Recent: $51.70
Percent Increase at Most Recent Price: 1.2%
Sector: Technology
Days to Cover: 1.1
Short %: 0.66 %
% Held by Insiders: %
% Held by Institutions: 52.70 %
50 Day Moving Average: $46.65
200 Day Moving Average: $41.80


As Cramer mentioned, AMX is at a 52-week high. It is also showing some other toppy technical indicators, but still slightly below the top band of the bollingers even after tonight's spike. Although Cramer says this can keep going up here, it doesn't mean there won't be pullbacks in the stock. The stock was up 36 cents on the day, and down 33 cents after hours before Cramer recommended it. The increase after hours isn't great right now, but maybe it will get closer to $52 tomorrow at the open for a quick drop that may be worth while.

Next Cramer continued his "Green" picks and recommended Tetra Tech Inc. (TTEK)

Closing Price: $20.65
After Hours High: $21.47
Percent Increase at High: 4.0%
After Hours Most Recent: $21.15
Percent Increase at Most Recent Price: 2.4%
Sector: Services
Days to Cover: 12.7
Short %: 6.16 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $18.01
200 Day Moving Average: $17.51

TTEK has passed the top band of the chart which was at $20.91, and the price is also currently above the 52-week high. The stock also has an RSI (Relative Strength) of over 70 which can indicate an overbought level. The average volume of the stock is pretty low so the days to cover the current short position in the stock is a little high and could produce some covering tomorrow, but those short % numbers could be out of date by now and several shorts may have already covered due to the recent incline in the stock. I would look for a possible decline tomorrow keying at two levels, either the top band of $20.91 or $21.00 if it finds support at that nice round number.

Comments on "April 19th - AMX TTEK"

 

Anonymous PENNY STOCK INVESTMENTS said ... (January 11, 2014 10:13 PM) : 

Another great udate.

 

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