Sunday, November 14, 2010

Watchlist for next week

Its always nice to scan for stocks that performed relatively well on bad days, with the thinking being that the stocks that held up nicely when things were down will lead the market higher when the market recovers. So here is a watchlist of setups that not only performed relatively well on Friday, but also managed to close in the green. Wherever its necessary, I have commented on the charts itself.

Here is a post explaining what makes MA(50) such an important level for the dollar, and hence for the markets.

Take care and good luck!

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