Daily Equity Roster
Published: December 9, 2016
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Today's spotlight stock is Golar LNG Ltd (GLNG).

 

Long Ideas

Add To Portfolio
Stock Symbol Sector Current Price Action Price Target Stop Notes
Franklin Electric Co FELE Machinery and Tools $42.10 low-40s 60 34/30 5/5'er, RS buy signal generated in July, Top 25% of sector matrix.
Align Technology, Inc. ALGN Healthcare $99.30 95-99 114 inc. 91/83 5 for 5'er, leader in favored HEAL sector, raise trader stop to $91.
Noble Energy Inc. NBL Oil $39.57 hi-30s 53 32 3/5'er, Positive Trend change, Improving RS, Rally thru all near-term resistance.
Papa Johns Intl Inc PZZA Restaurants $87.42 86-90 111 73 5 for 5'er, #1 spot in Restaurant sector matrix, pulled back from new all time highs, strong small cap play
Murphy Oil Corp MUR Oil $33.16 31-34 low-50s 27 3/5'er, Yield of 3%, Top 15 of Oil Sector matrix, Quadruple top breakout, Potential covered write with April 35 calls.
Citrix Systems, Inc. CTXS Software $90.00 86-91 104 80 3/5'er, Big Base Breakout, Potential New Peer RS buy signal.
Golar LNG Ltd GLNG Transports/Non Air $23.99 23-24 37.50 21/19.5 5 for 5'er, favored TRAN sector, consecutive higher tops and higher bottoms, good R-R

Short Ideas

Add To Portfolio
Stock Symbol Sector Current Price Action Price Target Stop Notes
Morningstar, Inc. MORN Finance $75.53 (73-77) 65 82 0 for 5'er, laggard in otherwise strong Finance sector, consecutive sell signals, reverted to mean off of 52-week low

Removed Ideas

Stock Symbol Sector Current Price Action Price Target Stop Notes
Gentherm Inc. THRM Autos and Parts $33.50 low 30's 25 35/38 No new positions here, continue to abide by $35 buy stop for traders and $38 for longer term investors

Follow-Up Comments

Comment
There are currently no follow-up comments.

DWA Spotlight Stock

 

GLNG Golar LNG Ltd R ($23.81) - Transports/Non Air - GLNG is one of the stronger members within the Transports/Non Air sector, which is currently favored and had a recent reversal up into Xs on its bullish percent chart. The chart has maintained a consistent pattern of higher tops and higher bottom, completing its fifth consecutive buy signal just last month at $26. It has since pulled back to offer a more attractive entry point. Okay to initiate new positions here between $23 and $24. Traders can look to $21 as a tight stop, while investors can look to $19.50, which would be a violation of its bullish support line. The 0.5-point per box chart offers a price objective of $37.50, allowing for an attractive reward to risk ratio.

      16                                                                                                    
26.00                             •                                                                   X       26.00
25.00                               •                 •                                               X O X   25.00
24.00                                 •               X •                                         X   X O X   24.00
23.00                                   •             X O •                                       A O X O X Med 23.00
22.00                                     •   •       X O   •                                     X O X O     22.00
21.00                                 X     • X • •   X O     •                               X   9 B         21.00
20.00 X       X   X                   X O     X O X • X O       •                             X O X           20.00
19.50 X O     X O X O             3   X O X   X O X O X O         •                           X O X       •   19.50
19.00 X O     X O X O             X O X O X O X O X O X O           • •                       X O       •     19.00
18.50 X O     X O X O X           X O X O X O X O 4 O   O     X       X •                 X   X       •       18.50
18.00 X O     X O X O X O         X O X O X O   O X   • O     X O X   X O •   •           X O X     •         18.00
17.50 X O     X O X 2 X O     X   X O   O     • O X •   O     X O X O X O X • X •     X   X O X   •           17.50
17.00   O X   X O   O X O X   X O X         •   O •     O 5   X O X O X O X O X O •   X O X O X •           Bot 17.00
16.50   O 1 O X     O X O X O X O X       •     •       O X O X O   6   O X O X O X • X O X 8 •               16.50
16.00   O X O X     O   O X O X O X     •               O X O X         O X O   O X O X O X •                 16.00
15.50   O X O X         O X O X O X   •                 O   O           O X     O X O X O •                   15.50
15.00   O X O X         O X O   O   •                                   O       O X 7 • •                     15.00
14.50   O X O X         O X       •                                             O • •                         14.50
14.00   O X O X         O       •                                               •                             14.00
13.50   O   O X               •                                                                               13.50
13.00       O X             •                                                                                 13.00
12.50       O X           •                                                                                   12.50
12.00       O X         •                                                                                     12.00
11.50       O X       •                                                                                       11.50
11.00       O X     •                                                                                         11.00
10.50       O X   •                                                                                           10.50
10.00       O X •                                                                                             10.00
9.50       O •                                                                                               9.50
      16                                                                                                    

 

Back to report

Upcoming Events

Oct 15, 2025 -
Catapult 2025
search

DISCLOSURE

This report is for Internal Use Only and not for distribution to the public. While we make every effort to be free of errors in this report, it contains data obtained from other sources. We believe these sources to be reliable, but we cannot guarantee their accuracy. Investors who use options should read the Options Disclosure Document before making any particular investment decision. Officers or employees of this firm may now or in the future have a position in the stocks mentioned in this report. Dorsey, Wright is a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Copies of Form ADV Part II are available upon request.
Equity prices provided by Thomson-Reuters. Cross Rate prices provided by Tenfore Systems. Option prices provided by OPRA
Copyright © 1995-{ENDYEAR} Dorsey, Wright & Associates, LLC.®
All quotes displayed are delayed 20 minutes
Disclaimer/Terms of Use/Copyright

Equity prices provided by Morningstar / Cross Rate prices provided by Morningstar / Mutual Fund prices provided by Bloomberg / Delayed prices provided by Thomson-Reuters / Cryptocurrency prices provided by CryptoCompare / Option prices provided by Thomson-Reuters / All quotes displayed are delayed 20 minutes

RS NEWSLETTER NDW USER GUIDE
DISCLOSURE/TERMS OF USE
ACCESSIBILITY
NEED HELP?