Here’s some chart analysis for the leaders of this rally, hope it helps! My buy points are in green, stops in red. Those two lines **aren’t** support and resistance, just lines that show my transactions.
TDG: http://goo.gl/7Inhv
Basing and setting up for higher prices, good accumulation so far, great earnings and relative strength.
TNGO: http://goo.gl/iUjIf
Recent IPO that is doing extremely well. Way too high to get on board safely now. Great volume (circled in purple). Wait for a pullback to the 9 day EMA and go from there.
TSCO: http://goo.gl/bvzC2
Been in this stock since 2/7, been consolidating and losing hope until today. Broke out in **huge** volume, exactly what you want to see. The mutual funds (I call them the big boys) are buying in this one.
ALLT: http://goo.gl/5LC5d
Broke out and has pulled back slightly today. Accumulation has been in higher than normal volume (circled). If it can get above 19 in big volume again, watch out.
AUY: http://goo.gl/PrxDO
Great volume in this breakout, with a LVP (light volume pull-back) today. Watch this for higher prices.
MANH: http://goo.gl/0NsMP
Broke out on great volume with a pull-back today. Watch for higher prices.
Hope that gives you an idea of my watch list, trade them well. Remember, the trend is your friend!
