New 78 Day High - AUDC - move similar to SPPI

Jan 30, 2019 Wednesday.
This is the 3rd day of AUDC after hitting New 55 Days High and New 78 Days High.
This New 78 Day High of AUDC is similar to the 1st New 78 Day High of SPPI way back Aug. 4, 2017.

Here's the comparison of the two stocks.
AUDC Daily Chart and SPPI at the bottom. Compare the rising Volume and compare the Gap up and the breakout from previous high. Compare the candles after the breakout of a big candle with huge volume. Based on the following similarity, you can safely place a buy order at the neck line or tip of the tail of the red candle following that huge candle breakout. See below for the closer illustration.

Continuing the comparison. If you look at the bottom chart of SPPI. It had broken the previous high of $8.00 and had risen higher than $20.00.
With all the positive Revenue, Growth, Dividends, Positive Cash Flow and Buy backs of shares, AUDC has all the firepower to continue trending upward.

SPPI 1 year Chart on Stockfetcher.com

SPPI 1 year Chart on Stockfetcher

Compare the Candle with blue circle highlighted in red of AUDC against SPPI chart above. Scroll down and look at the resulting stock move of SPPI after that New 78 Day High. From the of $8.00 previous high it rallied above $20.00 in 3 months. Spectacular move.

A great probability that we will be seeing a move similar to this for AUDC.

Now where would be the possible entry of this run? Using the similarity of the 2 stocks. The possible entry would be:

1. At the neckline or CLOSE of the red candle that followed the breakout big green candle. This price is around $14.29
2. At the LOW of the red candle that followed the breakout big green candle. This price is around $14.13

AUDC - 4x New 55 Days High - 3Q Profit of 41M and Revenue of 44.5M

Audio Codes Ltd (AUDC) is a VOIP company based in Israel.
This company hits 4x in my stockfetcher radar under New 55 Days High.

• July 23, 2018 made a New 55 days High, Open: , High: , Low: , 
• July 24, 2018, Open = 8.59, High = 9.07, Low = 8.59, Close = 9.00
• July26, 2018. T
• July 30, 2018 it made again another New 55 Days High of which was followed with another New 55 days high with even greater strength in volume. This occurred 
• August 03, 2018 issued dividend for .2/share. The low of this is around 9.78 which became the magnet pulling back up the price when it hits a low of 9.50 after reaching 11.48 (Aug. 15, 2018) and 12.96(Nov. 1, 2018).  
• Since July 23, 2018 it had performed 69.03% 

AUDC - 2YRS CHART

AUDC 1YR CHART

AUDC 6MON CHART

New 55 days High	Performance
Date	1 Day	1 Week	2 Weeks	1 Month
Monday July 2, 2018	-1.26%	1.39%	-1.01%	24.84%
Monday July 9, 2018	0.63%	-0.88%	2.25%	27.91%
Monday July 23, 2018	10.16%	19.83%	21.66%	29.50%
Thursday July 26, 2018	0.00%	4.86%	8.03%	13.32%
Monday July 30, 2018	-0.31%	1.53%	12.56%	7.97%
Wednesday August 1, 2018	0.20%	0.40%	14.85%	4.75%
Monday August 6, 2018	0.00%	10.87%	9.56%	9.15%
Thursday August 9, 2018	2.05%	9.49%	3.52%	2.05%

SPPI - Analysis on New 78 Day High

How SPPI had turned to become a massive winner in just 2 months time?
The Pattern:

1. A breakout from 200SMA
2. New high (h1) is created with New Low(L1) all above 200SMA
3. Another New high (h2) breaks out of h1 with New 55 day High (N55).
4. h2/L2/L3 above 200SMA. The lows are ascending above 200SMA.
5. A new high is again created (h3) breaking out of h2. This 2nd New high breakout associated with a Gap and Volume almost 200% than previous volume of the past 8 to 10 weeks.
6. Entry: 3/4 of h3
7. Exit: 3rd N78

WHAT TO LOOK FOR IN A CHART:

1 Year Chart

6 mon Chart

3 mon Chart

New 78 Day High following a Rickshaw candle - AYX

AYX was a real winner after a New 78 Day High following a rickshaw candle formation last Aug. 3, 2017. After the New 78 Day High it pulled back to the ema(200) line exactly the same height as the tail of the rickshaw below the low of that rickshaw candle of Aug. 3, 2017. From there it consolidated and made another breakout after 3 months time and never looked back. From the high of $23.00 it went up to $83.00

Accelotrade

Accelotrade

Trading with AI
Trading Practice
Trading Peek

New Nano Degree Programs at Udacity:

1. Robotics Software Engineer - School of Autonomous System
2. Google Analytics - School of Business
3. Artificial Intelligence for Trading - School of Autonomous System

Game Programming 

1. Unity 3D (From Udemy, Become a game deve;oper,  from Unity 3D

RFIL - New 55 Days High with 200%+ Volume

Jan 15, 2019

Below is a study of how to play stocks that reached New 55 Days High.

RFIL - RF INDUSTRIES, Inc. 
Last Jan. 24, 2018 jumped from 2.60 to 3.48 hitting New 55 Days High with volume surpassing the 200% level. If you notice the Breakout occurred in the following successions.

1. The Price broke out above SMA(200) last May 26, 2017 which failed but 18 days later broke out again above that SMA(200) and followed with a breakout of SMA(30) and SMA(50) above SMA(200). See Fig. 1
2. H1 Breakout. This is a breakout of the previous high after breaking the 200SMA.
3. H2 Breakout. The New high of No.2 was broken on the upside with 
4. New 55 Days High and a volume above 200% level.
5. LH going higher. The Lower Highs are trending higher just touching the SMA(30) but never below the low of the Jan. 24, 2018 breakout candle. Your ENTRY could be the second touch on the SMA(30).
6. Dividend was announced on March 9, 2018. This was a very strong catalyst, although the chart showed a red bearish candle breaking down the SMA(30) with 41K of volume a little above the average 30K volume. Ordinary investors may get scared on this chart outlook, but this is what the Market maker and Hedge Fund Mangers are looking for so they can position cheaply with the stock. See Fig. 2
7. Another Catalyst on March 13, 2018 happened. A news broke out that its sales jumped by 55%. RFIL gapped-up with a huge jump from 3.50 to a high of 5.48 a day after when that news was released. This gap is associated with another New 55 Days High. Here you could have added your position right at the neckline of the Gap up candle. That would be additional position. See Fig. 3
8. Exit on R2 high. R2 is the measure equivalent to R1. R1 is taken from the previous high before it gapped up on June 11, 2018. It is measured from previous day's high to the high of the gap-up.

Had you entered at $3.00 and exited at $12.00 you could have made 400% of your trade.

FIG. 1 RFIL breaking out of SMA(200) + New 55 Days High

FIG. 2 RFIL with the Catalyst (Dividend Announcement + High Sales)

FIG. 3 Another New 55 days High after Dividend and High sales News.

FIG. 4 RFIL making 400% gain from $3.00 to $12.00

Study this strategy for this is a very potent and rewarding strategy.