Monday, September 13, 2010


A quick post on what I think is a good play here. This was a part of the watchlist posted last week and even earlier this morning. Here is an updated daily chart. It has crossed the important 40 level.

However, things get really interesting when we have a look at the weekly chart. This was an important level way back in 2008 and the stock has finally cracked it on the second attempt after a nice period of consolidation. I like the odds of it going higher here.

Another stock I like here is ARUN.

Take care and good luck!

No comments: