
Chart courtesy of www.stockcharts.com ( click to enlarge )
LVLT has broken out of a Bull Flag pennant setup with huge volume closing at 6.02$ 52 week high, I can say LVLT is on FIRE !!! In the daily we can see that Bullish MACD crossover, so keep it on your watchlist. Remenber " the trend is your friend until it ends ".
FCEL today have confirmed my previous post, market drop and FCEL UP , which suggest continuation of movement !!!
JDSU - Bad start for JDS Uniphase after the R/S , however the volume was very weak. I'm still confident in the stock, and we could see some potential upside from these values. Major support in the stock is now 16$ .
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.
That's All. Have a nice evening !!
AC
Labels: Bull Flag, Bullish, LVLT