Monday, January 10, 2011

Chart of the Day

Today's Chart of the Day is ALLT. Nice steady uptrend since August with MA(20) providing good support. Made a nice move today on good volume. I like both on a pullback or as a momentum play.

Another stock that I am keeping an eye on is MCRL. Like the bounce off MA(50). Will get in on a break of 13.55 with volume.

Take care and good luck!

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