Archive for December, 2012.

This is a stock on breakout mode, presently a bit extended so be careful on it.  At this point, I would wait for a pullback to get on board, ideally to the 200-day moving average which is now at 1.30. Lets keep an eye on her this morning.

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

Trade Idea – Zynga

posted by tony
file under Stock Market

The stock is starting to get some MOMO once again imo. From a technical standpoint, ZNGA has formed a bottom in short-term and I expect a move past 2.45 to take the stock towards the target of 2.7 with stop-loss at 2.10. Lets keep an eye on her.

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

This stock seems to be showing signs of bottoming here. Due to the very oversold reading on technical oscillators a bounce should be taken into account any time now. Lets keep an eye on her.

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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