Two New Potential Long Trades

April 27, 2010 by  

This morning in reviewing my watch list, I note 2 charts confirmed to potentially go long providing the broad market and the stock is moving up on strong volume.

Lululemon Athletica, LULU confirmed long 2  bars ago.

Cree Inc., CREE confirmed long yesterday.

However, the futures are down before the market open. We will wait for clear entry signals.

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