The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

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Monday, July 26, 2010

Finally, Back Above Support

It's been a rough couple of months, but the major indexes look like they may have reached a support level above the 200 Day MA. The multi-week correction was a necessary cleansing and resetting of the uptrend. The new potential uptrend may yield new winners but it may also feature continuations from stocks that are still currently showing strength (CRUS, IDT, etc).


Top Stocks: CRUS, CVTI, DVAX, IDSA, IDT, KEM, MELI, NTSC, SPRD

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