Today’s Growth Stock Big Earnings Movers:
UP
• Mindray Medical (MR) Medical Appliances & Equipment, fundamental rank [28/30], up 10%, breaking from short consolidation to new all time high
• Iconix Brands (ICON) Apparel – Retail, fundamental rank [26/30], up 4%, reclaiming support of 200 day moving average
DOWN
• Quality Systems (QSII) Healthcare Information Services, fundamental rank [29/30], down 9%, gapped down below 200 day moving average after disappointing quarter, but bouncing and reclaiming that support level
• Huron Consulting (HURN), Business & Management Services, fundamental rank [26/30], down 9%, falling back into base; still has strong support around 60
• Ctrip.com (CTRP), Resorts & Casinos, fundamental rank [28/30], down 7%, still looking very bullish despite today’s drop; testing support of 50 day moving average
• Mastercard (MA), Business & Management Services, fundamental rank [22/30], down 11%, taking out the 50 day moving average; will probably spend a significant amount of time basing here
• Health Grades (HGRD), Medical Practitioners, fundamental rank [25/30], down 9%, finding some support at the 200 day moving average
• RTI International Metals (RTI), Industrial Metals & Minerals, fundamental rank [25/30], down 7%, remains submerged below 200 day moving average
• Cephalon (CEPH), Drug Manufacturers, fundamental rank [24/30], down 6%, took out support of upward trend line and 200 day moving average
• First Solar (FSLR), Electronic Equipment, fundamental rank [23/30], down 5%, holding up just fine at lofty levels
• Central European Distribution (CEDC), Beverages – Wineries & Distilleries, fundamental rank [25/30], down 5%, still looks very bullish despite today’s selling