The following tickers came up with a BUY signal based on their daily charts following a weekend scan of the NASDAQ-100. These were the ones that had the most interesting monthly charts and that seem to have room for further price movement based on their trading history. The price as of Friday’s close is noted for each (Fri 20/03/15). I’ll keep tabs on them to see how they’re going.

My reason for focusing on the NASDAQ is that I believe this index will attempt to play catch-up to the S&P500 and DJIA after making its own ascending triangle breakout. The latter two indices have already achieved similar breakouts:

NASDAQ composite monthly: a new bullish ascending triangle breakout:

S&P500 monthly: this index has already made a bullish ascending triangle breakout:

DJIA: so has this index:

QQQ: the ETF based on the NASDAQ-100 looks to be gearing up for an ascending triangle breakout too. This index is a collection of about 100 top NASDAQ composite stocks minus the financials:

Scan results on NASDAQ-100 stocks: the signals were triggered off daily charts but I am showing the monthly charts to give better price context:

BRCM: $46

CHKP: $85.12

XLNX: $42.27

FLEX: $12.28

APOL: $27.75

MXIM: $36.19

ALTR: $36.95

IACI: $68.29

CTXS: $63.79

VRSN: $64.75