Скачать или смотреть AZPN, CENT, EBIX, IPHI - Harry Boxer, TheTechTrader.com

6/27/17 - www.TheTechTrader.com - Aspen Technology, Inc. (AZPN) has a double top, a breakdown, it formed a bear wedge, and the technicals could be worse. On Tuesday, it was down 82 cents, or 1 1/2%, to 54.84, on 481,441 shares traded, and its signaling to me that targets going forward are 51 1/2, 48 1/2, and maybe 44 1/2 . That stock looks toppy to me.

Central Garden & Pet Company (CENT) was down 88 cents, or 3%, to 31.29, on 137,103 shares traded on Tuesday. It broke down in May, formed a bear wedge, which are waves one and two. Where does wave three go? Somewhere in the 23-4 range. That’s 7 points. If it bounces and looks ugly it could get a fifth wave down to 18-20.

Ebix Inc. (EBIX) lost another 1.70, or 3%, to 53.65, on 407,631 shares traded on Tuesday. It looks like it has a topping pattern. It broke down, formed a wedge, and on Tuesday, it broke out of the wedge. This could be four waves down, but if it’s only two waves, then three, four, and five waves down could take it to the 2.42-5 zone.

Inphi Corporation (IPHI) gave back 1.54, or 4%, to 35.58, on 1.2 million shares traded on Tuesday. It broke down in May, snapped back, formed a bear wedge, and needs to break under 42.00 to get going to the downside. My targets are 37 and 32.

On the long side, stocks included Aspen Technology, Inc. (AZPN), Central Garden & Pet Company (CENT), Criteo SA (CRTO), CyberOptics Corporation (CYBE), Ebix Inc. (EBIX), Glaukos Corporation (GKOS), Gentex Corporation (GNTX), Inphi Corporation (IPHI), Innophos Holdings, Inc. (IPHS), MYR Group Inc. (MYRG), PCM, Inc. (PCMI), Parsley Energy, Inc. (PE), Ryder System, Inc. (R), Radian Group Inc. (RDN), Shopify Inc. (SHOP), Seagate Technology plc (STX), Symantec Corporation (SYMC), VMware, Inc. (VMW), Veritiv Corporation (VRTV), Yelp Inc. (YELP), ProShares Ultra VIX Short-Term Futures (UVXY), and Direxion Daily S&P Biotech Bear 3X ETF (LABD). http://www.TheTechTrader.com