Wednesday, April 2, 2008

Stock Breakouts

Several of the stocks mentioned in yesterday's post broke out today, buy most on weak volume. See FSLR, CRM, ZMH.

The markets have had a big run-up the last couple of days. It would be prudent to wait for a pullback here in case these break outs are fake outs.

CALM appears to have completed a sharp correction to the 50ema. New highs are possible with a target of 60.

No comments: