Tuesday notes
by J ~ November 24th, 2009
I am sure we will have some low volume holiday trading over the next few sessions. Here are the top 5 stocks on my watch list right now.
1) (AAPL: 258.11 -2.85) – I would wait for this one to break to new highs at $210. Right now it is forming a very nice base.
2) (AMZN: 116.86 -0.27) – This stock is performing very well after its earnings announcement. I highlighted a buy point here.
3) (BIDU: 79.20 -0.20) – I would wait for this one to break to new highs at $443. Maybe a a move to new highs with volume after the holidays?
4) (PCLN: 224.19 +0.12) – I highlighted this stock with a buy point of $210 here. Still hanging around the buy point. This one probably will not move until after the holiday break.
5) (ISRG: 327.25 -2.82) – I like this one at new highs of $283.16. Look for heavy volume at the buy point. This stock might be tracing out a measured move. I would put a target at $300.