Saturday, December 10, 2011

Long Setups: $FFIV, $LCC, $MAKO, $NVDA

Cup and handle formation, looking for a breakout.

Looking for a test of the upper channel and then hopefully a breakout. 
Looking for an oversold bounce short term but then an eventual pull back on overhead resistance. 

Stock is trading in a channel, looking for action to move towards the upper channel.

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