EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Monday: CAMP Tuesday: TECD Wednesday: None Thursday: None Friday: None These are just a couple of the companies reporting this week. Please check earnings dates for any stocks you own. I did not see ANY of our Watch List stocks scheduled to report earnings this week. ADDITIONS TO WATCH LISTS: There are no additions today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: ILMN - Hit our Target Price at 108.00. LEN - Already up more than 4% since being added late last week. A strong finish here would be bullish as LEN is breaking out above 38.00 and volume is heavy. MCHP - Strong rebound; now testing recent price high at 44.00. A breakout would be bullish. Mid Cap Watch List: AYI - Did finally hit our Target Price of 107.00. ASNA - Having a very strong day, needs to clear 21.80. DWRE - 64.75 is closing resistance. We touched it briefly today before pulling back. ECPG - Has performed very well over the past week or so. AWAY - Breaking out and now up 13-14% on our Re-Entry. The Target Price of 44.00 isn't far off. NTCT - Very strong recovery off last week's bottom. VIPS - Strong session, could see some resistance at 85.00. Our Target Price of 88.00 is approaching. Small Cap Watch List: LIOX - Closing resistance is at 6.21 and we could be seeing a short-term bearish shooting star candle printing. I like the stock, but I'd take profits here if I owned it. A strong finish and close above 6.21 would certainly be more bullish. MMSI - Huge reversal on Friday on heavy volume. It's now in much better shape technically. NTRI - Love that long tail to the downside on Friday beneath gap support with the subsequent reversal and close above gap support. Looks good. DELETIONS FROM OUR WATCH LISTS: There are no deletions at this time. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com