Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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From: chowder	3/18/2005 8:21:05 AM
	Read Replies (1) of 13449

------------ STOCKS TO WATCH - FRIDAY - MARCH 18 ----------------------- WIND is showing a bullish engulfing pattern just below the 20 day moving average. The price reversal yesterday came at a price support level that was established through out most of February. The price closed right at the 20 day moving average and if it trades higher today, should bode well for the trend to trade up to the recent high. Money flows are still very positive and the stock is oversold in the short term. stockcharts.com[h,a]daclyiay[d20041218,20050318][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G Entry target $14.82. Price target $16.00. Initial stop loss $14.12. ------------------------------------------------------------- FNM (short). FNM has had a lot of technical damage done. MACD turned negative yesterday and money flows are increasingly negative. All time frames show the same negative outlook from weekly chart to daily chart to intraday charts. Selling volume is on the rise and the chart is indicating this one has room to the downside. stockcharts.com[h,a]daclyiay[d20041218,20050318][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G Entry target $53.83. Price target $50.00. Initial stop loss $55.50. dabum

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