Wednesday, February 22, 2006

GVHR - Update


GVHR failed to follow through on Friday's cup and handle breakout. I had anticipated higher volume after the break when it would show up on 52 week high scans. That certainly was not the case today, however, it did test and hold support at $28.80. The 60 minute chart view shows some potential weakness coming into the RSI and MACD. We'll see how it behaves tomorrow.

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