California Micro Devices (CAMD)

Company

"California Micro Devices Corporation is a leading supplier of Application Specific Integrated Passive™ (ASIP) networks and related analog semiconductors. Within the company's broad product line are highly integrated solutions that ensure signal integrity, EMI (electromagnetic interference) filtering, ESD (electrostatic discharge) protection and smart power management for a broad spectrum of computing, communications, medical and lighting applications." (company website)

CAMD stock chart

Buy

16-Jun-05. CAMD has been moving up steadily since the beginning of June. It broke $5.50 on six times normal volume. Unless my eyes deceive me, it has just broken the long downtrend for the past twelve months (see sidebar).

  • Price momentum (PPO) — six weeks of steadily increasing momentum
  • Trend (ADX) — began strengthening again this month after a long decline
  • Money flow (CMF) — moderately positive
  • Relative strength (RSI) — very strong

Sell

profit Bottom line
+19%

22-Jul-05. I decided to sell this lot of CAMD to take profits and raise cash.

CAMD's chart is still strong and I continue to hold another lot that is currently up 30% over purchase price.

CAMD stock chart
CAMD 1-year chart