BJ WHOLESALE CLUB (BJ-NYSE): Technical Viewpoint: From a low of $36.77 on Jun 30, 2010 prices rallied, reaching a high of $44.27 on Jul 2, 2010. A decline saw prices pull back, reaching a low of $42.22 on Jul 7, 2010. Another rally saw prices penetrate resistance, closing 7/9/10 at $44.41. Technicals: MACD Index (MACD): A Buy Alert! was given on Jul 2, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $42.22. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 1, 2010. A P&F upside reversal takes place at $42.50. Summary: Technical indicators have turned bullish. BUY! BJ WHOLESALE CLUB (BJ-NYSE) @ $44.63 Stop: Use a protective stop of $42.63. BJ WHOLESALE CLUB is currently trading @ $44.41 plus $0.75 on Jul 9, 2010. Price Objective: $52.00. Risk/Reward: $2.00 VS. $7.37. Today's Risk Reward Ratio: $4:1