Sunday, January 15, 2012

Buy Signals in COMP




NASDAQ Composite (COMP) is moving higher. We have got several buysignals.

Stochastic is on a high level, but in this kind of market COMP could continue to rise in spite of that.





Now it looks like COMP could go up and test the resistance area around 2 888. It looks though like this is a bearmarket rally, so I will trade with close stops.






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