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Monday, November 27, 2006 

Medifast Inc. ( MED ) shares jump again


Shares of MED rose more 5% today after having broken out on Friday an important resistance. This movement was follwed by a big volume. The technical chart shows the stock is in a rally with MACD rising and stock breaking above 200 dma. Keep an eye on this stock.

AMD - had a great performance today after a Sell-off in the indices, ended the session with a small gain to 21.83$, however the stock broke during the session the $22 resistance area.

Stock to watch tomorrow : PALM

That's All. Have a great evening !!!

AC

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  • I'm a 43 year old Independent Trader using proprietary technical analysis with more than 18 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

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