Great move up today with the close above 50 MA. It could be a good entry time with a confirmation tomorrow. I hope to take a long postion tomorrow on strength or strong close.
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Previous 3SOF Picks / Re: IPIX: double bottom in the making
May 31, 2005, 09:08:40 PM
A close above the 50 MDA would to be a nice bullish sign. It has tested it many times since November and can't get through. Today's Opening Marubozu candlestick suggest bearish continuation. Also my stochastics crossed downward today. I don't have a postion in it.
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