Archive for August, 2012.

The stock broke out on strong volume placing this stock on the map for technical analysis breakout buyers. Looking for $41 to now act as support. Lets keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

The stock is getting ready to come out of a nice consolidation pattern in the next few days. A close above $38 gets the party started.Lets keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

The stock continues to look really strong above $5 from a technical view. A close above 5.29 could spark another round of momentum buying. Looking at the technical chart, the MACD just crossed and is often a great sign for reversal trends. Hold with a stop-loss at $5.05 and use a trailing stop-loss in the event of an upward move. Lets keep an eye on it.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

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