Closing Bell update- HANS, JCOM, OMNI, PSYS & ZOLL
Hansen Natural Corporation - (HANS) - Daily Chart
The daily chart of HANS illustrates that it is in the process of completing it's wave 3 to 4
pullback off of it's highs. As you can see by looking at the chart, HANS held it's November lows at $24.75 and has been consolidating in a sideways move ever since. It has also been holding it's 13 day EMA quite nicely. Today, HANS is up 2.54% at $28.64. If you look at the RSI and PPO you can see bullish divergence developing in both. This bodes well for the stock. It looks as if HANS will be able to break the down trend line any day now. I want to reiterate a price target of $40.00.
j2 Global Communications Inc. - (JCOM)- Daily Chart
The weekly chart of JCOM illustrates is in the process of forming an ascending triangle. As you can see, JCOM had a wave 3 to 4 pullback and placed it's recent lows at $22.64 in August of this year. It retested the lows in September and held the uptrend. You can see that at this point the moving averages began to cross over and upwards indicating that the lows were placed. Furthermore, indicators and oscillators are bullish and you can see bullish divergence presenting itself within these. Today, JCOM had a nice move up that erased the recent decline to the up trend line. JCOM is up 5.14% today as of this writing and at $28.65. I want to reiterate a price target of $36.00.
Omni Energy Services Corp. - (OMNI) - Daily Chart
Omni is the best gainer out of all the portfolio stocks for today, and that is despite the fact that the OIH is down. Omni is also in an ascending triangle pattern. Here, you can see that the moving averages have crossed over and that Omni is in a a bull flag. In addition, indicators and oscillators are bullish and you can see bullish divergence presenting itself within these. Price target is between $16.00 to $18.00 for this investor trade. OMNI is up 5.78% today as of this writing and at $10.62. ( Do not trade options on this stock)
Psychiatric Solutions, Inc. - (PSYS) - Daily Chart
As you can see by looking at the chart, PSYS is breaking out of a diamond continuation pattern and is on it's way to wave E of the larger reverse symmetrical triangle pattern. I have been suggesting this stock over and over again because the chart pattern is great. In addition, indicators and oscillators are bullish and you can see bullish divergence clearly within these. PSYS is up 2.30% today as of this writing and trading at $37.79. Today, PSYS made new all time highs. I want to reiterate a price target of $50.00 for this swing trade.
Zoll Medical Corp. - (ZOLL) - Daily Chart
Zoll has broken out of it's ascending triangle. Today, Zoll broke out of a bull flag and is headed higher. I want to urge you to stay in this stock and hold on until I give you the sell alert at the top via an e-mail alert. Indicators and oscillators are bullish and continue to move up along with price, which is bullish. ZOLL is up 4.45% today as of this writing and trading at $54.00. Today, ZOLL also made new all time highs.
Today has been another great day for the portfolio stocks!! When Zoll is a rockin' don't come a nockin' !
HANS
JCOM
OMNI
PSYS
ZOLL
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