-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Cario Notebook » | AMZN - Trade Idea » | Stocks on the move in the afternoon » | MICRON TECHNOLOGY » | Google introduce the “Gmail Paper” » | Stocks on the move in the afternoon » | Google - GOOG Long idea » | Wireless power and reality » | Stocks on the move in the afternoon » | NOKIA shares fell today, WM » 

Friday, April 06, 2007 

Trade Alert - AVT Breakout !!!!

Chart courtesy of stockcharts

Shares AVT rose to new highs today closing at 38.88$. Avnet, Inc. is a company that distributes electronic components, enterprise network and computer products, software, and embedded subsystems primarily in Americas, the Middle East, Asia, Africa, and Europe. I like this chart. It is a bullish chart. AVT broke out of an important consolidation area with excellent volume and will likely have the attention of the swing-traders in the next sessions. Bullishs Indicators confirmed by on Balance Volume and Relative Strength and RSI. The stock is now in breakout mode and if this chart does what is supposed to do, it will be going higher in the sessions to come.

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 day !!!



Bookmark and Share

Hello my friend AC !!!

I have the same opinion in this stock, Breakout will be confirmed on Monday.



Post a Comment

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.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google