07/15 @ 8:45am
On Wednesday, stocks ended a see-saw session mixed weighed by the Fed's weaker economic forecast. Volume fell across the board.
This morning, futures are pointing to a HIGHER opening.
Major indexes are once again testing the 50 & 200dMA crossover. RSI & MACD indicators are positive biased suggesting higher levels may lie ahead.
Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.
Selective Chartists Positions (with BUY price):
SanDisk (SNDK) $45.85 (Buy #1)
SanDisk (SNDK) $46.74 (Buy #2)
Baidu (NASDAQ:BIDU) $74.86
Network Appliance (NASDAQ:NTAP)
F5 Networks (NASDAQ:FFIV)
Cognizant Tech (NASDAQ:CTSH)
View postings on StockCharts:
Disclosure: SanDisk (SNDK), Baidu (BIDU)