Tuesday’s Top Stocks From TradersWire

Although Panera Bread
Company (PNRA) could not take out Friday’s high,
it tested its
support level successfully and formed a bullish bar. The stock can be bought if
it takes out 56.66.

Countrywide Financial (CFC) hit our target price shortly after 9:45 AM,
and we covered our short position.

Dow Jones Industrial Average gained almost 17 points on heavier than its daily
average volume. Notice the MACD histogram is showing a positive divergence. The
Nasdaq Composite Index shaped a mildly bullish bar, but volume was lighter.

Now, four stocks for Tuesday:

EchoStar Communications (DISH): The stock failed to break above the
50-day MA and closed near the day’s low. Short DISH if it trades below 28.89.
Target is the March 29 low (28.04). Risk 0.3-0.35.

Citigroup (C): The issue formed a bullish long tail, and it may be ready
for a minor recovery rally. Long C if it takes out 44.76. Target is 45.70. Risk
35-45 cents.

Tiffany and Co (TIF): The stock is pulling back to its support level form
the March 31 high. Long TIF if it moves above 34. Target is 35.25. Risk 35-45
cents.

Apple Computer (AAPL): The issue bounced off the 50-day EMA and closed
near the day’s high. Long AAPL if it trades above 41.31. We are looking for near
44. Risk 0.5-0.75.

T.Kamada

Feel free to mail me your
questions.