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Saturday, December 09, 2006 

Google Inc. , PC Connection, Inc. and Gateway

Chart courtesy of stockcharts

Gateway share gave a buy signal on Friday, at the same time price crossed the 200dma by the first time since February of 2005. During this week this the company have announced good news related with the Director Boards and more contracts. The stock is in a good point as 50dma is approaching to cross 200 dma indicating a very Bullish signal. I will be in alert in this stock during next week, the daily chart looks very good for Bulls. Keep an eye on GTW.

Chart courtesy of stockcharts

This stock is now in a new uptrend after has broken out 14$ area. Keep an eye on PCCC.

Chart courtesy of stockcharts

480$ is the support so watch what happens, a breakdown of this support could push the share price toward the open gap near 450$. RSI still above 50 in the Bullish Territory, however MACD still below 0 ( Bearish ).

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 great weekend !!!


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About Me

  • 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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