Sunday, August 19, 2007

Several Bullish Charts Emerge...

Despite the markets current indecisive nature, the last few days bounce has helped a few charts create bullish technical setups on their charts. I am not recommending them as buys just yet. I would like to see how the week starts off and how these stocks react. If they continue to look bullish it may be alright to buy just a little at first. Right now is not exactly the time to create big positions. All it takes is one negative news release to send us below the 200 day MA once again.


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NUAN




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