I am watching CTRP for a quick move. My entry is $60.04. Stock in a strong uptrend, recent retracement. Look at the chart and you will see I drew some trendlines on it to show why I am entering. Stop loss is $57.01 and target is $63.69 (a 6% move).
I am interested in PEGA in the fact that it appears to be sitting on a trendline near $32. A good entry would be the range of the previous pivot on 10/2/2009 from the range of $30.38 to $32.11. That's a wide range, but still a good entry area.
ARO also continues in an uptrend and is sitting on the 50 day EMA. It has popped out of a triangle and so my entry is $41.21. Setting a target of $45.48 with a stop loss at $39.16.
ABAX gained support at a gap. I think this will lead to better prices so I am going to set my entry near the bottom of the triangle. Entry is $25.47 with a target of $29.33 and a stop loss at $23.66.
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