Abaxis (ABAX) Soars, VASCO Data Security (VDSI) Plunges

Today’s SelfInvestors Leading Stocks Moving on Earnings

UP

• Abaxis (ABAX) Diagnostic Substances, fundamental rank [24/30],  up 18%, tremendous cup with handle breakout on record volume to new all time highs

• Axsys Technologies (AXYS) Scientific & Technical Instruments, fundamental rank [23/30],  up 16%, adding to September breakout in a big way

• Flir Systems (FLIR) Scientific & Technical Instruments, fundamental rank [27/30],  up 14%, continuing to trend up into new all time highs

• EMC Corp (EMC) Data Storage Devices, fundamental rank [25/30],  up 9%, beauty of a chart, broke out of another short consolidation

DOWN

• VASCO Data Security (VDSI) Security Software & Services, fundamental rank [27/30],  down 30%, high expectations already built into stock and whacked when it missed estimates, should drop more to the 200 dma where it would be a fantastic long term buy opp.

• NII Holdings (NIHD), Wireless Communications, fundamental rank [26/30],  down 20%, stick a fork in it, it’s done; long term support around 45

• FormFactor (FORM) Semiconductor – Broadline, fundamental rank [24/30],  down 18%, took out all key support levels today

• Lincoln Electric Holdings (LECO), Machine Tools & Accessories, fundamental rank [25/30],  down 11%, failed base – now testing 200 dma and upward trend line

• Synchronoss Technologies (SNCR) Application Software, fundamental rank [27/30],  down 10%, trying to hold up at 50 day moving average but momentum should carry it through eventually

• Starent Networks (STAR), Wireless Communications, fundamental rank [25/30],  down 9%, just a fairly normal sell off following a big run; has support of previous breakout point around 24

• Terex Corp (TEX) Farm & Construction Machinery, fundamental rank [25/30],  down 8%, taking out support of 200 day moving average for just the 2nd time in the last couple years

• Celgene (CELG), Biotech, fundamental rank [26/30],  down 7%, plunged all the way to the 200 day moving average this morning and bounced sharply off the that support level

Belden (BDC), Industrial Electrical Equipment, fundamental rank [24/30],  down 7%, holding above key support levels as it works on right side of a base