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Enron Mail |
eGoose Market Call for members... Click below link to view today's chart:
http://www.worldwidetraders.com/eGoose20010607.pdf RBAK: Redback Networks has been consolidating for four days after its gap up from an upgrade on 6/1. However, its relative weakness is shown by its inability advance significantly with the broader markets. It has a convergence of overhead resistance at the declining 10-, 20- and 50-day MAs. It closed with a bearish piercing pattern (.02 away from being bearish "engulfing"). OBV and price volume trend are bearish. Consider SHORTING RBAK once it trades at 15.92. Suggested target is 13.77. Suggested stop is 16.33. To view the chart for today's selection, click: http://www.worldwidetraders.com/eGoose20010607.pdf. Make sure you review the eGoose Gap Rules on how to play suggested trades, which may be found following today's chart on the link above. For a FREE two-week trial of the eGoose Live Trading Room and Swing Advisory Letter, click: http://www.egoose.com/swing_trading.asp?assoc=yes To review prior eGoose picks for DayTradersUSA, visit: http://www.worldwidetraders.com/marketcallpublic.htm --- You are currently subscribed to dtusa as: alewis@ect.enron.com To unsubscribe send a blank email to mailto:leave-dtusa-1220700P@nova.sparklist.com
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