Buy or Sell: Buy
Long into Week 11 – CFNL (new), CHUY, DGI (new), GEOS, GOOG, HCA (new), HTZ, KORS, LAD, LNKD, QIHU, STRZA, TVL (new), XXIA
Add to watchlist as initial or secondary pivots:
AMZN – 284.82 to 299.06 (new)
CVLT – 79.63 to 83.61 (new)
DGI – 30.55 to 32.08 (new)
CVRR – 32.26 to 33.87
EVC – 2.31 to 2.43 (new)
EVER – 15.88 to 16.67
FB – 29.18 to 30.64 (new)
FLY – 14.05 to 14.75
GEOS – 113.83 to 119.52 (new)
HCA – 39.65 to 41.63 (new)
ICPT – 42.77 to 44.91 (new)
ITB – 23.97 to 25.17 (new)
IMAX – 26.01 to 27.31
JAZZ – 60.01 to 63.01
NSM – 42.26 to 44.38
OCN – 41.88 to 43.97
PCLN – 722.01 to 758.11
QIHU – 34.47 to 36.16
SFUN – 28.32 to 29.74 (new)
SODA – 52.77 to 55.41 (new)
WAC – 50.01 to 52.51
V – 161.81 to 169.90 (aggressive pivot, new), 162.87 to 171.01
Add to watchlist as secondary pivots (or higher risk initial pivots):
ARMH – bounce from 50dma
BPOP – bounce from 50dma (new)
CVLT – bounce from 50dma
GS – bounce from 50dma
HCA – bounce from 50dma
ICPT – bounce from 50dma (low volume = higher risk)
KORS – bounce from 50dma (new)
MDCO – bounce from 50dma
OCN – bounce from 50dma (new)
PJC – bounce from 50dma
POL – bounce from 50dma
QIHU – bounce from 50dma
TAN – bounce from 50dma
TTS – bounce from 50dma
TVL – bounce from 50dma
UTEK – 42.44 (new)
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What is this: Add to watchlist as initial or secondary pivots (your projections for these stockas…is the first number your entry pt or last sessions close
Keep in mind that these are not projections but merely ideas that must be evaluated based on your own personal criteria. If I understand your question correctly, you are asking what “Add to watchlist as initial or secondary pivots” means? A pivot is basically an area of support or resistance on a chart. The first number is the entry into the pivot range and the second number is the maximum of the pivot range (generally 5% from the first number). In general the patterns on which the pivots are based show that the secondary pivots have at least a little more risk than the initial pivots. Therefore, many traders choose to only employ secondary pivots when the trader already has a profit cushion in the stock/etf.