Wednesday, April 15, 2009

Trading update

Our charts aren't working tonight so we will spell it out:

ILMN - starting to look very weak as the stock has dropped below the 50 day MA 3 times but has closed above it. The DMI has gone negative. be careful with earnings next week.

New entries:
PFE & WYE (both oversold and the DMI just went positive.

Trade well,
Trader D

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