Selective Chart...'s  Instablog

Selective Chartists
Send Message
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
My company:
Selective Chartists - Stock Analysis - Buy / Sell, When & Why
My blog:
Selective Chartists
My book:
The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks
  • Focus On Stocks Holding ABOVE 50dMA,100% CASH 0 comments
    Feb 23, 2011 8:38 AM | about stocks: TSL, ADSK, BAX, COH, DECK, LDK, LRCX, BTUUQ

    02/23  8:30am

    On Tuesday, stocks sold-off broadly fueled by crisis in Libya. Volume was heavy across the board. Reduced energy output contributed to igniting the decline.

    This morning, futures are pointing to a HIGHER opening.

    Focus is on stocks close to / meeting the CRITERIA:  At this time, there are very few candidates close to the criteria.  Selective Chartists is in process of identifying stocks holding ABOVE 50dMA.  Once the market snaps-back, stocks fiding support at 50dMA may be the leaders.

    Selective Chartists Positions (with BUY price):    NONE   100% CASH

    Closely Monitoring: 
    Trina Soldar (NYSE:TSL)
    Autodesk (NASDAQ:ADSK)
    Baxter (NYSE:BAX)
    Coach (NYSE:COH)
    Deckers (NASDAQ:DECK)
    LDK Solar (NYSE:LDK)
    Lam Research (NASDAQ:LRCX)
    Peabody Energy (BTU)

    View the charts:

Back To Selective Chartists' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.