If the uptrend continues, here are some patterns that I like: APA (if it can close above $108), APC, EP, NLR, HAL, VLO (if it can get back above its 10 day MA), KOG, NUE (if it can hold here and get back above its 10 day MA), same with MT, same with X, IGT (still looks good for the longer term play, GDX and GFI with some confirmation. I really like EBAY if it can hold here and get back above its 10 day MA. ALTR, CREE, KBH, TOL, and DHI if it can get back above its 50 day MA. Try RST, VRX (with some confirmation), XBI (with conformation), CELG with conformation, GENZ - Put option trade. ALXN, MYL and TEVA (with confirmation), FCX with confirmation, NUE with confirmation, and T. I still like VCI and it finally made a decent move up today. Don't try to go out and trade all these. You could choose a few.
Tuesday, April 20, 2010
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