Long Position on SWI @ $54.40 on 8/27/2012 (Momentum)

Flag Formation on SWISolarWinds (SWI) designs, develops, markets, sells, and supports enterprise information technology (IT) infrastructure management software for IT professionals in various organizations in the United States and internationally.

The company offers enterprise-class IT management products, including Network Performance Monitor, a server-based fault and performance management platform to minimize network downtime; Network Performance Monitor modules, a series of add-ons; network configuration manager to automate the processes of network device discovery, network inventory management, and network change management; user device tracker, a server-based switch port management tool; scalability engines to increase the scale of a number of the products; and enterprise operations console to provide web-based views of various instances of Network Performance Monitor modules and Application Performance Monitor.

Its enterprise-class network and IT management products also comprise Application Performance Monitor, a server-based availability and performance management system for applications and server infrastructure; patch manager to automate the process of deploying, managing, and reporting on patches and configuration settings; and synthetic end user monitor to capture the user steps of any web application and monitor the end-user experience; storage manager that combines reporting, monitoring, and notification on the performance of storage resources; backup profiler to provide a consolidated view of the status of backup operations; virtualization manager to manage various aspects of virtual server infrastructure; and log and event manager to automate the collection and interpretation of logs. 

Stockwinners.com is bullish on SolarWinds as shares have formed a bullish "flag" formation and prices are expected to move higher out of this formation.

52-Week Trading Range: $19.72 - $56.94

Last Trade: $54.40

Stop Loss: $51.68

Price Target:  $59.84

Position closed on 9/6/2012 at price of $59.90 with a 10.11% gain in 10 days.

Back to Portfolio