Selective Chart...'s  Instablog

04/02 9:00am

Recent sessions of see-saw activity is occuring as technical indicators have turned mixed and major indices are stagnated at current levels. Numerous candidates that are close to meeting the criteria have stalled as the pullback in the major indexes is curbing gains in the overall market & strongest of stocks. Focus is on stocks holding ABOVE 50 & 200dMA (meeting CRITERIA).

The TREND remains UP (but under pressure). This morning, futures are pointing to a MIXED opening.

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)
Pioneer Natural (PXD)
Altera (ALTR)
America Movil (AMX)
Amrican Tower (AMT)
Lululemon (LULU)
Nordstrom (JWN)
Cigna (CI)
Coventry Health (CVH)
Humana (HUM)
Unitedhealth (UNH)
Wellpoint (WLP)
Analog Devices (ADI)
Broadcom (BRCM)
Lam Research (LRCX)
Texas Instr. (TXN)
VMware (VMW)
Gluu Mobile (GLUU)
Bristol Myers (BMY)
Jonson & Johnson (JNJ)
Pfizer (PFE)
Crocs (CROX)

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

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