01/04 @ 8:30am
On Monday, stocks started the New Year with a broad advance on higher volume.
This morning, futures are pointing to a HIGHER opening.
Major indexes are displaying RSI of approaching extended. However, a new group of stocks has emerged that are now close to / meeting the CRITERIA. Focus is on these stocks as they breakout of bases.
Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.
Selective Chartists Positions (with BUY price):
VMware (NYSE:VMW) $93.35
Wynn Resorts (NASDAQ:WYNN) $108.41
Network Appliance (NASDAQ:NTAP) $57.36
Apple (NASDAQ:AAPL) $329.07
Acme Packet (AKPT)
Riverbed Tech (NASDAQ:RVBD)
Aruba Networks (NASDAQ:ARUN)
MIPS Tech (NASDAQ:MIPS)
Ameria Movil (NYSE:AMX)
Goldma Sachs (NYSE:GS)
State Street (NYSE:STT)
Johnson & Johnson (NYSE:JNJ)
United Health (NYSE:UNH)
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