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Hello and welcome to Selective Chartists. I am Joe Majocha, full-time trader (NYSE, NASDAQ growth stocks) since 2000 and founder of SC(2004). SC offers stock analysis and trading considerations for hedge funds, financial analysts and self - directed traders. Our uniqueness is proprietary scans... More
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Selective Chartists - Stock Analysis - Buy / Sell, When & Why
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Selective Chartists
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The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks
  • Stocks May Try To Snap-Back, 6 Positions 0 comments
    Oct 20, 2010 8:51 AM | about stocks: GS, ZION, HPQ, CTRP, DECK, WYNN, BIDU, CTSH, DVMT



    10/20  @ 8:15am

    On Tuesday, stocks sank as losers beat winners by a 5-1 margin. Mixed tech earnings and banks' mortgage concerns weighed on the market.  After stellar sessions of gains, a pullback is healthy.  However, volume during Tuesday's decline was heavy and bears watching near-term.

    This morning, futures are pointing to a HIGHER opening.

    Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.

    Selective Chartists Positions (with BUY price):  
    6 (subscribers only)

    Closely Monitoring: 

    Golman Sachs (NYSE:GS)
    Zions (NASDAQ:ZION)|
    Hewlett-Packard (NYSE:HPQ)
    Ctrip (NASDAQ:CTRP)
    SanDisk (SNDK)
    Deckers (NASDAQ:DECK)
    Wynn (NASDAQ:WYNN)
    Baidu (NASDAQ:BIDU)
    Cognizant Tech (NASDAQ:CTSH)
    EMC (EMC)


    View postings on StockCharts:

    Disclosure: Long: 6 Positions (subscribers only)
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