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SodaStream International Ltd. Message Board

  • attymdmnola attymdmnola Feb 11, 2013 11:12 PM Flag

    Can't Break Out Above Buypoint

    "Yandex Remains In Buy Range From Breakout

    Sector Leaders show that not all buy opportunities are alike. Some are attractive, inviting entries; others seem to involve more risk.
    YandexYNDX , the dominating name in Russian Internet search engines, rose 0.22 to 24.93 in above-average volume.
    Yandex broke out of a cup-with-handle base on Jan. 25 and is 4% above the 23.99 buy point.

    Yet the Dec. 14 week showed a nasty volume surge as the stock fell 7% — a blemish on the chart.
    But the stock broke out in heavy trade and subsequent gains have come in above-average volume several times.
    That indicates institutional investors are buying shares.
    The stock’s strong Accumulation-Distribution Rating adds to that impression.
    Yandex has put up two straight quarters of accelerating EPS gains, from 25% in Q1 of 2012 to 36% to 62%.
    The consensus for Q4, which will be reported Feb. 19, is for a 40% gain.
    Sales in the past four quarterly reports climbed 29% to 49%. The consensus estimate is for a 41% rise in the Q4 report.
    SodaStream InternationalSODA , the Israel-based make-your-own-soda-at-home company, fell 0.74to 49.95.
    SodaStream pushed out from its 50.08 three-weeks-tight buy point Dec. 17.
    A late-January high-volume sell-off brought the stock 8% below that entry — triggering a sell signal for investors who bought at that level.
    It was also enough of a fall to nearly touch the rising 10-week moving average.
    So was that decline a sell signal or a buying opportunity?
    SodaStream showed much volume on the decline, which made buying on the rebound risky.
    But the stock has since resumed its uptrend, although its 2% drop Monday put it back below the three-weeks-tight entry.
    When SodaStream reports its Q4 on Feb. 20, analysts expects a 19% rise in earnings. That would be its weakest gain since the fourth quarter of 2011.
    The stock was on Monday’s IBD 50."

    Sentiment: Strong Buy

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