We are entering a number of positions this morning as the Shanghai Composite appears to have followed through and a number of stocks are breaking out of constructive formations, giving us the confidence to pursue them for intermediate term holds.
BIDU is breaking above a trend line.
AAPL is breaking from a three weeks tight pattern.
FUQI is bouncing off its 50 MA.
GS is breaking out of a stunning weekly chart base.
PWRD looks set for a break to new highs.
NTES is reversing its downside reversal from mid-August.
We might have others later but the above are all buys with 5% stops.
We intend to profile each stock when time warrants.
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