Tuesday, February 13, 2007

AOB: don't call it a comeback

I'm not getting my hopes up yet, but AOB staged one heckuva recovery this afternoon. It was down 10% at one point and came all the way back and weathered the storm to close down only 1%. It has had 3 down days on increasing volume. If it continues to show this kind of strength, I might look to buy some more, maybe as it goes back above the 50dma.
  • CSX finally broke out to a new high today on big volume.
  • CROX I'm watching to see if it can hold this support it seems to have found at 52.
  • VSNT is probably too extended, but it's in a strong group with good momentum. Possible overhead resistance at 25.
  • TTG is a speculative play as the fundamentals are just decent. It sits at 7.45 after 3 days of big volume gains and 7.50 would make a new high (well, since 2000, anyway).

No comments: