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Monday, January 08, 2007 

Volume spike today on Level 3 Communications

Chart courtesy of stockcharts

Shares of LVLT surged today more than 2% to 6.08$ with higher-than-normal volume, after positive news from JP Morgan that raised numbers and the price target to 8$. The technical chart looks Bullish with both 50 dma and 200 dma going up and breaking into new highs, MACD is on top of 0, so keep an eye on LVLT.

Stock to watch tomorrow : S , CAKE , GEX , EMAG

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

That's all. Have a nice evening !!!!

AC

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  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 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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