On the weekend I highlighted Maximus (MMS) as an all-time high that was moving up on above-average volume. The chart below shows that it continues to move higher, although the intraday action yesterday was not impressive.
In other news, I keep watching three stocks that I considered to be among the generals (well, maybe Officers): EW, NRGP, and MED. A rally cannot last very long unless there are generals leading the way. AAPL and AMZN were the most prominent generals of the recent uptrend, and they have fared poorly in the last month or two. So, that left the "officers" to lead the way. Well, I highlighted MED as it rolled over and took a nosedive. And today I want to point out EW as it has battled with the 50 dma for 3 days now, and now looks like the battle has been won by the bears. Look out below. So the only one left standing is NRGP...
Tuesday, February 9, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment