Long Position on STMP @ $70.50 on 5/18/2015 (Momentum)

Stamps.com Inc. (STMP) provides Internet-based postage solutions in the United States.

It offers solutions for mailing and shipping various mail pieces, such as postcards, envelopes, flats, and packages using a range of United States Postal Service (USPS) mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.

The company’s products and services comprise USPS approved PC Postage service that enables users to print electronic stamps directly onto envelopes, plain paper, or labels using personal computer, printer, and Internet connection.

It also provides multi carrier shipping solutions under the ShipStation and ShipWorks brands; mailing and shipping integrations solutions comprising electronic postage for transactions to partners who manage the front-end process; sells NetStamps labels, shipping labels, other mailing labels, postage printers, scales, and other mailing and shipping-focused office supplies through its mailing and shipping supplies store; and Stamps.com branded insurance to insure mails or packages.

In addition, the company offers PhotoStamps, a patented form of postage service, which allows consumers to turn digital photos, designs, or images into USPS-approved postages. It serves individuals, small businesses, home offices, medium-size businesses, and large enterprises.

Shares have formed a bullish "flag" following its strong qurterly report. It appears that shares have supported around the current level. The 50-day moving average is shown in red. Please note that this is a thinly traded stock, only 175K per shares, be sure to use a limit order. Do not place a "Market Order."

52-Weeks Trading Range: $30.23 - $75.20

Entry Point: $70.50

Stop Loss: $66.98

Target Price: $77.45

Updates

6/18/2015 11:19:01 AM

STMP closed at $71.90 after its 30 days expired.

Position closed on 6/18/2015 at price of $71.90 with a 1.99% gain in 31 days.

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