RBAK is pulling back to support in an orderly fashion. Look for a reversal setup in the area of $17.00 if $18.00 doesn't hold.
PAYX long on a high volume break of resistance at $36.00. Potential hurdle is the 50 MA currently tracking at $36.30. Initial target is $37.00. I saw some late day strength in this stock when the rest of my charts were fading into the close.
2 comments:
What are your thought/charts on brokers? GS, MS, BSC, LEH
These have been pretty decent even in the downturn.
Also ICE
I'm not really familiar with these stocks. However, the daily views look a little toppy right now. The weekly views are still bullish. I like JPM on the weekly. I has formed a multi year base. ICE looks weak on both time frames.
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