Pivot point

As we reported on February 9, the Fidelity Select Air Transportation (FSAIX, up 0.94%) fund is one of our favorite Fidelity funds. It has moved well above the trendline. A move above it’s recent high will be needed to confirm the uptrend.

The Fidelity Select Electronics (FSELX, up 2.29%) fund is emerging as another of the market leaders with a decisive move above the 100-day moving average trendline.

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