NEW BULLISH Plays

Ross Stores - ROST - close: 41.60 change: +0.76 stop: 39.40

Why We Like It:
ROST is a relative strength play. The stock has been ignoring recent market weakness and instead is breaking out to new 2009 highs. I'm suggesting readers buy ROST right here but more conservative traders may want to wait for a break above the $42.00 level first. We'll use a stop loss at $39.40. If you want to play it safer consider a stop closer to $40.00 or today's low of $40.24. Our first target is $45.75. Our second target is $49.45. My time frame is about six weeks.

Annotated chart:

Entry on      July 13 at $41.60 
Change since picked:     + 0.00   			
Earnings Date          08/20/09 (unconfirmed)    
Average Daily Volume:       2.4 million 
Listed on  July 13, 2009