ospreyeye
10 years ago
ELX Chart: MA's(7, 10, 20, 50, 100, 200) are all converging..........look how wide they were back in Dec.......as the share price has consolidated so have the moving averages........there will either be a breakout or breakdown form the current trend soon.......if a candle forms below MA(50) @ 7.26 it will signal downside risk & if a candle forms above MA(100) @ 7.43 & MA(20)/Middle BB @ 7.44 it will signal upside potential........
ELX @ a crossroads........the best trade @ the moment is to wait......need to see a break from the current consolidation phase.......MA(7) Bullish Crossed MA(10).........a ton if juice to run on Fast Sto, Full Sto & RSI.......CCI bounced off -100 and closed above -50........MACD Line has leveled off.......MACD histogram is retracting.......bullish......MACD setting up for a Bullish Crossover........DMI w/ ADX Bullish Crossover........Accum/Dist is leveling off & CMF had an Uptick Fri........
ELX is set up for a break from the current trend......looking at this chart & the technical Indicators it all comes down to support & resistance........depending on your trading strategy & capabilities it will be Showtime either way when one breaks.............$$$
EMULEX
STAY LONG
Last Pattern:NO PATTERN
Last Close:7.3800 Change:+0.0600 Percent change+0.82% 6 mo.Rating2?$100?109.5412 mo.Rating4?$100?167.9624 mo.Rating3?$100?250.70
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 2/6/2014, 8 days ago, when the stock price was 7.3350. Since then ELX has risen by +0.61%.Market Outlook The market is not rosy but our bullish bet is still valid. There is not a definite sign to disturb your comfort.
http://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=ELX
Penny Roger$
12 years ago
Emulex Corporation (Emulex) is a provider of a range of network convergence solutions that connect servers, storage, and networks within the data center. The Company’s product portfolio includes Host Bus Adapters (HBAs), Converged Network Adapters (CNAs), Network Interface Cards (NICs), mezzanine cards for blade servers, Application Specific Integrated Circuits (ASICs), embedded storage bridges, routers, and switches, Input/Output Controllers (IOCs), and connectivity management solutions. The Company is a designer, developer and supplier of HBAs, CNAs, NICs, mezzanine cards, Pass-Through Modules (PTM), embedded storage switches, embedded bridges, embedded routers, I/O ASICs, switch-on-a-chip (SOC) ASICs, Internet Baseboard management controllers (iBMC’s) and connectivity management solutions. On August 25, 2010, Emulex acquired ServerEngines Corporation.
http://www.google.com/finance?q=ELX