Today we added CYBR to the Trade Anatomy Portfolio with an average entry price of 68.70 Our current stop is set at 62.20 while risking .50% of our portfolio value. A total of 5.28% of our portfolio value was allocated towards CYBR.
Despite the day starting out negative across the majority of our holdings, many turned green and a few had impressive moves higher. VDSI was up nearly 6% while SCAI and SYNA were up above 2% while the markets remained in the red for the day. Two current holdings, OSIR & RTEC, appear poised to try an make moves higher. With a little cooperation from the markets, it's possible that they might just do that. Both have constructive weekly and daily charts, which is a key technical attribute that we look for in our trades. Fundamentally, RTEC's EPS last quarter were +467% while the last 3 quarters of sales have shown acceleration. OSIR's sales last quarter were +124% while next year's earnings will be +124%. When both the technical and fundamental picture come together, you have the potential to find "fat tail" trades which can add a significant amount to your bottom line.
We had no additions or deletions to the watchlist.