June 19th 2009
Today in the Stock Market
Dear Fellow Trader,
Thursday brought some upside movement, which could be the turning point we needed to keep going up again for a while. The DOW and SP finished up from the day before and the Nasdaq was basically flat.
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You can see on the COMPQ, that the blue line area is acting as support for now, which is positive.

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SPNG is acting like it wants to go higher from here

TTNP is like BPUR, it doesn’t seem to get the secondary push we need to see happen..
Bottoming tail yesterday for DYMTF which is good..on the trendline.

PAYD is not a fast mover but is up since we started to talk about it May 26. And yesterday it made a move.

SEEMS like STZU is starting to roll over again….Doesn’t have what it takes to go up…

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Will CELG break this resistance now…it’s possible with the volume that is pushing it up.

For Intraday trader, MOS is not a great daily chart right now, but expect some bounce in the blue line area. Very possible that it hapens today or monday. It can be a $2-5 bounce…

Have a Great Trading Day !
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