Nothing here is perfect and I can not tell any of you that you must buy XYZ. All of these longs are good enough to take a poke at but none of them are worth loading up. The first thing you need to load up on stocks is an extremely bullish current market. We currently do not have that as we have a choppy and pretty much weak market. However, the market is not that weak and these stocks all appear that they could run before falling again. So why not try to make some money instead of making none. There is not a particular favorite tonight as nothing here has max green BOP and a perfect price pattern. One stock is extremely strong but it has a history of failing. That stock is VISN. Be careful with that one. If this market wants to become a very bullish market we will be getting more stocks that look like VISN, OFI, XSI, MASI, and FLIR. BUT!!! They will all have max green BOP from the beginning of their moves to the current price. None of these stocks have max green BOP and without max green BOP charts there is no way we are ready for a new bull market. Be careful out there and keep all your longs small until we have a real big powerful move on huge volume. The FTD we just had just did not have that juice to make it a “for sure” market moving FTD.
new Featured long positions: CRN VISN CIR
CRN is breaking out of a cup base, on very strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
VISN is breaking out to a new all-time high from a very short consolidation continuation pattern, on very strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
CIR is bouncing off support at the pivot point area of the July breakout, on above average volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
new speculative Featured long positions: HNZ TRA
HNZ is breaking out to a new 52-week high, on very strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
TRA is breaking out of an ascending base, on strong volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
adding to existing speculative long position: VRUS
VRUS is bouncing right off the 50 day moving average, on below average volume. Cut your final loss with a close below the 50 day moving average, if the stock does not move higher immediately.
