4/28 Watchlist: Stocks

No new additions to the list from today's scan. It's generally a catch-your-breath sort of day, not uncommon after a sharp move like Tuesday's.


Stocks that showed Parabolic SAR bull signals:

• * CIEN, 4/26. Pulled back up from yesterday's decline. (Hereafter, "Pbu".)
• PCAR, 4/23.Paused but still low. (Hereafter, "Pbsl".)
• WSM, 4/21. Pbu.
• XLE, 4/17. I pegged this as a $56 to $60 May iron condor. It is above the max-profit range.
• XRT, 4/22. Pbsl.

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Stocks showing a Parabolic SAR bear signal: None.

Stocks of interest (I wouldn't necessarily trade them):

• FNM,  4/13, 4/23. Agnostic. Continues to toy with the lower trendline in a symmetrical triangle pattern.
• * PALM, 2/26, 4/23. Agnostic. Buyout candidate. The parabolic sar is giving a bear signal.

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic

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