SOHU - long on a break of $26.40. After a shallow pullback to the rising 10 day ema, today's action resulted in a higher low, bullish engulfing candle. SINA also looks good here.
AKAM - A narrow range inside day after a shallow pullback. Buy on a break of $32.03.
MXIM - Did not really participate in the SOX rally, but has formed a rounded bottom and has been consolidating just under $38.00 for six straight sessions. Buy on a break of $38.04.
OVTI - Has been consolidating in a narrow channel for several sessions. Buy on a break of $31.00.
PAYX - After a four day orderly pullback, PAYX may be ready to move back up. Buy on a break of $41.61.
QCOM - Buy on a break of the four day consolidation pattern above $52.00. Next level of resistance $53.90.
TRID - Same consolidation pattern in play. Look at the 5 minute chart of this afternoon's action and wait for a flat base breakout.
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