Uptrenders For 12/5

By Johns Wu on Dec 05, 2005

The markets are strong right now, so probability favors long trades.

RMD - It has retraced to an uptrending support. Love the uptrend.
ACL - Hot uptrend.
WMT - Though WMT has broken its uptrend, it may see a small 1 day bounce as it approaches a weak uptrending support. However, this is a high risk long trade since the trend is turning bearish. The battle at the 200DMA will reveal whether it will continue to head lower or not.

Here are my favorite stocks from my uptrending stock screen. Laters.

This entry was posted on Monday, December 5th, 2005 at 2:26 am and is filed under Watchlists. You can skip to the end and leave a response. Pinging is currently not allowed.