Today's Stocks in an Uptrend

[skiracer]

Ski,
I talked to the technical support dept. of VV today. They said the number I'm using to spot the uptrending stocks has been proven thru their backtesting to offer the best returns on a portfolio using a 10% stop. They contend that a lower parameter brings up greater chance for wild price swings and that while high,my cutoff point isn't high enough to be classified as overbought or too extended. I'm going to post some results of performance at 1, 3, 5 day and 1 month time periods when I've compiled more data. I'm for the most part paper trading these stocks, but will yield to temptation and buy one here and there.

-----------billy

[B]I would make it a point to buy ENTR billy.

[billyjoe]

Lots of uptrending stocks today but few qualify for the list because of low volume gains. These are the 7 that advanced on volume for 3/16.

AAN, MCRL, DFT, MSB, AIXG, MGIC, SCLN

-----------billy

[skiracer]

AAN weekly showing a beautifully uniform cup base now forming the right side of it's cup. all indicatiors pointing further up. $35.14 is the left side of it's cup top and i see no reason why it shouldn't match that with it's right side. that's 1.74 from today's close. you could do worse. I would buy this stock right here for a 2-3 point move to $35 or higher but there are so many other viable trades that are cheaper and better risk / reward percentages which is what it's all about.

MCRL weekly is a big uptrend. to late for me at this time and in the overbought area above the 70 line on it's RSI.


DFT weekly has gone from $1.76 to $22.6 since 1/10. RSI in overbought areas above the 70 line and a big uptrend just waiting for profit taking. a beautiful move from $1.76 but to late for me.

MSB weekly is another one way above the 70 line on it's RSI scale and has gone from $4.56 in 3/09 to over $23 in 3/10. a big uptrend with plenty of room for profit taking. way to late for me.

AIXG weekly is another great stock that went from $3.81 on 3/09 to $38.34 on 11/09. closed today at $36.48. plenty of room for profit taking here although below the overbought line at 70 RSI so it could still provide a point or two from here but way to late for me.

MGIC weekly is worth a look at $2.70. there could be a couple of points left there but something is telling me no. but I love them this cheap and the risk / reward is worth a bet on with a close stop.

SCLN weekly is a beautiful cup base forming it's right side. left side top at $5.33 so you could easily match that with the left before the handle starts. closed today at $4.05. so there is some gas left there but right now the risk / reward is not what i am looking for.

[riverbabe]

entr

3/12/10

*Qualifiers for Friday: BKE, ENTR, POWI, ROVI, BBBY, CTXS

------------billy


* in addition to uptrending at least 1.5% on the day with increased volume and minimum 100K shares traded, they also have other proprietary characteristics that have been determined by a for pay financial source that will remain unnamed.

Billy, thank you for ENTR! And thanks to Ski for the annotated chart. I'm in at 4.68 on Monday.

[billyjoe]

Good for you, River. Ski, feel free to chart any of these picks as I'm not very good at it.

-------------billy

[skiracer]

Good for you, River. Ski, feel free to chart any of these picks as I'm not very good at it.

-------------billy

jyeah billy, i'm just looing for the ones, like ENTR, that catch my eye. where the timing and the price are right. they are all nice charts and great stocks. it's juist that several of them are past my point of consideration for a trade because i see them as prime for profittaking. bukt keep them coming because out of many several strong ones will develope.

[billyjoe]

3/17 stocks uptrended >1.5% on invreased volume

BLK, ISSI, TROW, JEF, LSI, MCCC, ORLY, PXLW, BEN, VLTR


------------billy

[billyjoe]

3/18 uptrenders

Only 4 , but with some nice volume: PHH, TEVA, CTEL, DIN

-----------billy

[billyjoe]

3/19 uptrenders


LOPE, ENTR, POL, OCLR


----------billy

[riverbabe]

3/19 uptrenders


LOPE, ENTR, POL, OCLR


----------billy

POL and ENTR are both also on Doug's MoMo list.

[billyjoe]

3/22 Many uptrenders but few had the volume requirements. Those that did.

MNRO, PXLW, BGCP, LZB, TUES, INT, TWLL, CTRP, JOEZ

---------billy

[billyjoe]

3/23 much better volume today

ATHR, EZCH, BELM, MCRL, PLAB, CLF, ISSI, PRGO, SNDK, BKE, VECO

-----------billy

[billyjoe]

3/24 : ASTC, FCH, HGRD, FINL, EZPW, PMI, RDN, CAGC


-----------billy

[billyjoe]

3/25 Not many,as one might expect.

-------KLIC, SLXP, MCCC, PXLW

-----------billy

[billyjoe]

3/26

NETL, SMOD, MTG*, PMI*, GIII, IKAN, ANN

*check their charts

----------billy