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Numerous Stocks BREAKOUT, 7 Positions

Numerous Stocks BREAKOUT, 7 Positions

03/27 8:30am

On Monday, Fed Chairman Ben Bernanke stated favorable comments regarding the economy and was a leading contributor to a broad based rally. Major indexes closed at session highs. The rally boosted numerous stocks to BREAKOUT. Many new candidates are now also 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 (NASDAQ:BWLD) $93.50
Baidu (NASDAQ:BIDU) $148.41
SolarWinds (NYSE:SWI) $41.22
Amazon (NASDAQ:AMZN) $199.72
Tractor Supply (NASDAQ:TSCO) $90.47
Polaris (NYSE:PII) $73.59
Biogen Idec (NASDAQ:BIIB) $124.85

Closely Monitoring:
Endo Pharm (NASDAQ:ENDP)
Check Point (NASDAQ:CHKP)
Lululemon (NASDAQ:LULU)
PNC Financiall (NYSE:PNC)
Ulta Salon (NASDAQ:ULTA)
Red Hat (NYSE:RHT)
Analog Devices (NASDAQ:ADI)
Broadcom (BRCM)
Lam Research (NASDAQ:LRCX)
Texas Instr. (NYSE:TXN)
Tiffany (NYSE:TIF)
Las Vegas Sands (NYSE:LVS)
El Pasoo (EP)
Gluu Mobile (NASDAQ:GLUU)
Rackspace (NYSE:RAX)
Bristol Myers (NYSE:BMY)
Limited (LTD)
Ross Stores (NASDAQ:ROST)

View the charts:

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