December 12, 2011

IBD 50 List

ULTA
SWI
MA
QCOR
ALXN
ISRG
CVLT
PII
GOLD
V
HMSY
PNRA
DLTR
MELI
RGLD
NUAN
TSCO
HANS
CXO
FFIV
TIBX
HLF
PRGO
TDG
ROST
DG
CMG
NUS
HIBB
GWW
NOG
AUY
GOOG
ANSS
INT
HUM
RHT
TJX
SBNY
RL
DECK
BBBY
BIIB
FAST
AH
CRR
ONE
AAP
NTES
EBIX

Charts of Interest


Looking at the daily and weekly of the SPY. Bearish on the weekly, but if the pattern fails could spike a solid rally. With the exception of the gaps, I think daily looks pretty good. One thing I would say about the gaps for the Bulls are that the gap ups are holding for now.


ARG on watch list. 


Seen a lot of posts on the stream on CAT. I think everyone is watching the same levels.

ENB trading into new highs on Friday. Solid pocket pivot on 12/7/11.

EOG - Daily 

FFIV holding 10d on average volume. I feel the demand is there. 

GNC - watching for a break out of this small flag. 

HANS - along with Cat. I think quite a few are watching. I'm looking at entering if highs get taken out and/or follow thru day tomorrow. 


HMSY - Watching for follow thru tomorrow. 

MA and V - similar charts. Looking at adding to existing positions thru highs. 



Nice bounce on less than average volume. On watchlist for now.

N - Will enter on gap down or thru highs.

PRGO - holding 10 after a huge run. Watching for a trade thru 101.50

QCOR - pocket pivot move on Friday off the 10/21d moving averages while breaking out to new highs. Might want to consider on weakness? 

RAI on watch. Sitting on 21d. Huge volume surge on 11/17, 11/18, and 11/21

TLEO - Just recently noticed. Into new highs on Friday. 

SPG

XOM Daily & Weekly Taking out this long term descending trend line. 


TSCO - Somewhat of a longer term ascending triangle. Remaining on watchlist.