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Monday, July 16, 2007 

Top picks for tomorrow - NTRI and CHTR

Chart courtesy of stockcharts

NTRI - Interesting technical chart situation with a good potential to the upside with a breakout of the rectangle in the figure. MACD signals a positive divergence during the formation and RSI still moving up. Keep this stock in your watchlist for a potential breakout over 74$.

Chart courtesy of stockcharts

CHTR- The Stock is moving within a rising channel and broke out today the major resistance at 4.54$. I continue to be quite positive on stock and today this movement confirmed the strong investor confidence on stock, RSI Indicator show this confidence, so I think the stock should keep going up.

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 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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