Long Position on WWWW @ $32.10 on 1/8/2014 (Momentum)

Bullish Cup & Handle on WWWWWeb.com Group (WWWW) provides Internet services for small to medium-sized businesses in North America, South America, and the United Kingdom.

It offers a suite of domain name services, including domain name registration, domain name transfers, domain name renewal, domain expiration protection, and domain privacy services; and domains, such as .com, .net, .co, .org, and .info. The company also provides Do-It-For-Me Web services comprising eWorks! XL, which consists of online marketing, hosting and technical support, telephone number, Internet scorecard, modification and redesign services, and a version of the customer’s Website for mobile devices; custom Website design services; and social media and call center services.

In addition, it offers Do-It-Yourself Website building and marketing solutions, such as hosting services; Website design tools for users to customize their design; email services comprising email accounts, storage, spam and virus protection, Webmail, and document sharing; email marketing tool to communicate with customers and prospects; and logo design and brand building tools.

Further, the company offers online marketing services, including search engine optimization, and local and national search engine marketing services; lead generation services for service-related businesses; e-Commerce services comprising Website design and development, Internet marketing, customer service, and back-end order management; and online advertising services. Web.com Group, Inc. markets its products and services through outbound and inbound telesales, online channel, distribution partners, resellers, and direct sales.

Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock.

52-Week Trading Range: $15.15 - $33.70

Entry Point: $32.10

Stop Loss: $30.46

Target Price: $35.35

Updates

2/5/2014 10:39:59 AM

WWWW fell below our stop loss at $30.45

Position closed on 2/5/2014 at price of $30.45 with a -5.14% loss in 28 days.

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