PLAY > New Plays	Tuesday, May 01, 2001

	New Split Plays   New Candidate Plays   New Momentum Plays
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WSM - Williams Sonoma Inc. $31.10 +1.03 ($1.80)

Specialty home retailer Williams Sonoma continued to build on yesterday's breakaway gap from $29.00. What's more, today's move comes on volume nearly double the three-month average daily volume of 551,000. WSM has been the beneficiary of a resurging retail sector. Over the past week, the S&P Retail Index (RLX) has surged ahead 7.2 percent. At this point, WSM has made room to run higher. The stock has taken out resistance at $30 along with its upper Bollinger band at $30.56. With these resistance levels out of the way, it appears to be smooth sailing until $40. As for support, traders can look for $30 to provide the first level, followed by the 10-dma at $28.08. Traders considering a position in WSM should look for strong volume, 250,000 shares or more traded by noon EDT, on a move through today's intra-day high of $31.40 or a bounce off support at $30.00 before placing their trades. We are placing our stop-loss just at $27.75, which is just below the 200-dma.

Picked on May 1st @ $31.10 Change since picked 0.00 Stop Loss @ $27.75
Interactive Chart	Quote	News	First Call on WSM

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