Long Position on LOPE @ $25.45 on 2/25/2013 (Momentum)

Cup & Handle on LOPEGrand Canyon Education (LOPE) provides postsecondary education services in the United States and Canada.

It focuses on offering graduate and undergraduate degree programs in education, healthcare, business, and liberal arts disciplines.

The company provides its courses through traditional ground campus in Phoenix, Arizona; online; and onsite at the facilities of employers.

As of December 31, 2011, it had 43,917 students enrolled in its courses. 

The Company’s colleges include Grand Canyon University offers online, and campus-based degree programs through the Ken Blanchard College of Business, College of Education, College of Nursing, College of Arts and Science, College of Fine Arts and Production, and College of Doctoral Studies.

College of Education offers institutional recommendations for the certification of elementary, secondary and education teachers, such as Bachelor of Science (B.S) or Master of Education (M.Ed.) and school principals (M.Ed.). Ken Blanchard College of Business offers Executive Master of Business Administration (MBA) degree program, Master of Business Administration degree program, and the Company’s Bachelor of Science degree programs in Accounting, Business Administration, Marketing, Finance and Economics, and Entrepreneurial Studies. College of Nursing and Health Sciences offers Bachelor of Science in Nursing, Master of Science in Nursing degree programs and Athletic Training Program.

52-Week Trading Range:   $15.80 - $27.18

Entry Point:   $25.45

Stop Loss:  $24.18

Target Price:  $28.00

Updates

2/26/2013 9:49:13 AM

LOPE fell below our stop loss of $24.18. 

Position closed on 2/26/2013 at price of $24.17 with a -5.03% loss in 1 days.

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