The market uptrend is still under pressure – it popped up a today, but without the volume needed. It’s not a great time to buy, but a good time to protect profits.
VanceInfo Technology (VIT) – still trading close to it’s buy point, gained 6.67% – way too extended to buy and too early to lock in profits. Going to sit on this one for a bit longer. I still hold 22 shares long.
* Industrial Services of America (IDSA) – It’s the first time this ticker has caught my eye. They provide “waste and recycling management services to commercial, industrial and logistic customers nationwide” . Just finished a HUGE cup a few weeks ago and just broke out of a very short cup formed over the past three weeks. The buy point would be 20.38 and it’s trading just 8 cents over that.
* Steve Madden (SHOO) – Just had a 3:2 split today and are announcing earnings tomorrow. Keep an eye out for a new base to form.
Coinstar (CTSR) – had a crazy breakout and still going strong…. Way too extended.. Going to watch for a new base, but no slowing in sight yet.
Green Mountain Coffee Roasters (GMCR) – watch for it to hold support around 72 and form a new base. I wouldn’t doubt that it retraces itself back to it’s recent 52-week highs near 100. UPDATED 5/4/2010: As pointed out by Mike P in the comments below, this is a broken stock. The fundamentals have changed since the last time I looked and I am removing GMCR from the list.
These stocks are holding gains and are staying in my watch:
BCSI, CTSH, EZPW, DBRN, NUS, WBMD, VMW, WCRX, ULTA, MED, PCLN, ATHR

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