Day: May 28, 2010

  I am starting to see some bullish setups. Not the ideal flattop breakouts that i prefer or the straight momo plays.  But i am noticing quite a few “bottom bounce’” plays and also numerous stocks breaking out of decending channels and wedges.         Stocks breaking out of decending channels      …

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afdfasdfda    We easily took out the first level of overhead resistance at S&P 1090 this morning and then made a big move back to the 200 day moving average. In doing so, we partially filled last week’s gap, broke the shorterm downtrend channel we had been in last 2 weeks.  The volume was a …

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