Two Stocks I am Looking At

The trend of the general market remains up, despite this week's decline.   Rather than trying to outsmart the market, which is a mistake I've made in the past,  I am just going to rely on my trend indicator to make my decisions for me.

I focus on buying strong stocks when the general market is in an uptrend, and I define the short term trend of the market using a 20 and 50 day moving average crossover:

Now that we have determined that the trend is still up, here are two strong stocks that my scans identified this week:

I bought PRAN on Wednesday due to it's recent 52 week high and strong price action.  

Next:

There were not many stocks making new all time highs by the time this week ended, but RE was one them.