Wednesday, March 3, 2010

Market hit first resistance level

Good Morning, Yesterday the market went up and hit the mini resistance level, after finishing near its low yesterday it may be ready to retreat back to the 13day and the 21 day ema.before it makes a push toward the upper resistance level. If we see a breakout it will be very good news today.

My individual stock recommendations from yesterday, pretty much followed yesterdays trend with the exception of FITB, it posted a .30 gain, so if you were in on that one, you did well. If you day traded any of my recommendations you also hopefully did pretty well, as they all saw early gains before they followed the market at days end.

Until next time.........Happy Stock Charting!!!!

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