Wednesday, March 5, 2008

It's a buy....

Right out of the gate it traded to r2 (618ish) and theorectically a pullback was expected with or without the stupid AMBK news which only amplified it. But the pivot (608ish) held and onwards back to close near r1 (615). Tomorrow's numbers are 619, 613 and 608. Not starting a strong up trend since buying sentiment is miniscule, but still a buy until proven otherwise. Near term target is 623 then 630.

2c

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