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)

Buy

9-14-05. I added to my position again, replacing the shares that I just sold to lock in profits. The recent jump above $8 puts CAMD above the earlier peak, and it seems to be holding.

• Price momentum (PPO) — intensified during last few weeks
• Trend (ADX) — steadily strengthening during last two weeks, although buying pressure (+DI) is falling off, probably as a result of the huge buying spike on 8-Sep.
• Money flow (CMF) — very positive, although easing slightly
• Relative strength (RSI) — very strong

With the new shares and the other shares I still hold, my average share price is up to $7.72, so I still have a reasonable buffer.

Sell

9-Nov-05. After CAMD touched back to the purchase price of my last lot I set a stop-loss order to trigger if CAMD closed below $8.75. That condition was met yesterday, so my shares sold this morning.

The uptrend is still solidly in place (sidebar), and it's possible I may buy back in if the price corrects back near the 50-day moving average.