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Selective Chartists
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Selective Chartists identifies stocks that meet the CRITERIA. These stocks appear poised for higher levels in the near-term, as indicators are positive & strengthening. Regimented buy / sell rules is KEY... CRITERIA: Focus on 50 top-rated growth stocks ranked by Investors Business Daily... More
My company:
Selective Chartists
My book:
The ART Of The CHART - Knowing When and Why To Buy & Sell Stocks
  • Focus On Stocks Meeting CRITERIA, 7 Positions 0 comments
    Mar 28, 2012 9:02 AM
    Focus On Stocks Meeting CRITERIA, 7 Positions

    03/28 8:30am

    On Tuesday, stocks fell in the final hour with all 3 major indexes posting modest losses. After gains in recent sessions, it is no surprise to see pullbacks occur. Many new candidates are close to meeting the criteria & poised for higher levels.

    The TREND remains UP. Pullbacks on light volume would be healthy to digest gains & rebuild momentum.

    This morning, futures are pointing to a mixed opening. Focus is on stocks holding ABOVE 50 & 200dMA (meeting CRITERIA).

    Selective Chartists Positions (with BUY price):
    Buffalo Wild Wings (BWLD) $93.50
    Baidu (BIDU) $148.41
    SolarWinds (SWI) $41.22
    Amazon (AMZN) $199.72
    Tractor Supply (TSCO) $90.47
    Polaris (PII) $73.59
    Biogen Idec (BIIB) $124.85

    Closely Monitoring:
    Alexion (ALXN)
    Celgene (CELG)
    Endo Pharm (ENDP)
    Life Tech (LIFE)
    Check Point (CHKP)
    Citrix (CTXS)
    Lululemon (LULU)
    PNC Financiall (PNC)
    Ulta Salon (ULTA)
    Red Hat (RHT)
    Analog Devices (ADI)
    Broadcom (BRCM)
    Lam Research (LRCX)
    Texas Instr. (TXN)
    VMware (VMW)
    Tiffany (TIF)
    Las Vegas Sands (LVS)
    Wynn (WYNN)
    El Pasoo (EP)
    Gluu Mobile (GLUU)
    Rackspace (RAX)
    Bristol Myers (BMY)
    Limited (LTD)
    Ross Stores (ROST)

    View the charts:
    http://stockcharts.com/public/1234064/tenpp

    Disclosure: I am long BWLD, BIDU, SWI, AMZN, TSCO, PII, BIIB.

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