The markets continue to show strength as the indexes move away from the 50 day moving average. The investor should now be accumulating very small positions. Consider it as planting seeds in a garden, a number may wither and die but a few will grow into big acorn trees. Your objective is to plant many seeds by taking those small positions and add to the ones that start moving up. Remember always recalculate when adding to positions to ensure that if stopped out it will be at a break even price or better. The following have already recently jumped on high volume showing interest and are now consolidating. These can be bought as the stock enters there quiet zone and the stock price tightens up. Those close to the market can buy as a stock starts moving up. Remember don’t buy if earnings are imminent. Don’t buy if any of your considered purchases have any heavy volume down days, these should be struck from your list.
LXK - $34.47
NDN - $16.91
ODSY - $17.69
TCO - $39.39
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