Cerner Corp. - CERN - close: 81.53 change: +1.61

Stop Loss: 79.45
Target(s): 84.85 & 87.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
CERN is a healthcare information technology company. Now after six weeks of consolidating from its early May highs this stock is showing strength again. CERN has broken the trend of lower highs and displayed relative strength today.

I am suggesting bullish positions at the open tomorrow. It is possible that the May highs near $84.10 could be resistance but we're going to set two different targets. Our conservative target is $84.85. Our more aggressive target is $87.50.

- Suggested Positions -

buy the Jul $85 call (CERN1221G85) current ask $1.20

Annotated Chart:

Entry on June xx at $ xx.xx
Earnings Date 07/26/12 (unconfirmed)
Average Daily Volume = 1.25 million
Listed on June 14, 2012