Technical Analysis Day Trading Setups: 5/30/08
May.31, 2008 in
Day Trading, Technical Analysis
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???? has been in a strong short term trend following the 13ema/9ma very nicely with another decent move today on increased volume breaking out from its 2 week consolidation pattern suggesting more upside movement from here. ???? forward earnings estimates suggest a fair value share price of 8.75 when compared to the average earnings multiple of this stocks industry. We went long at 4.02 Friday.





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