Monday, June 26, 2006

Watch List - AMZN, ENER

AMZN may pull back to its MA before attempting to breakout, however, its worth keeping on the near-term watch list as it has formed a nice base and the ADX crossover is being followed by an upward move in the ADX line.

ENER looks well positioned to breakout of its three day consolidation patter but we need more volume.

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