Wednesday Pullback Patterns

Here are ten stocks that show bullish pullback patterns if the market moves higher today. All of these issues were triggered on my Dip Trip scans last evening:

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Riverbed Tech is my favorite in the group. It’s trading at a 6-month high after mounting the 200-day EMA last week. The stock is correcting a 4-point, 5-day rally and shows excellent support at Thursday’s continuation gap.

Extra caution is advised on listed retail stocks because March same store sales data will be released after today’s close and in Thursday’s pre-market.

Happy hunting!

April 8, 2009 • Posted in: Market Day

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