Sunday, November 18, 2012

Stocks to Watch: CYBR, FLI

CYBR - The trend indicator surged to -8.62 from -129.31 coupled with increased volume of 5,838,000 from 1,023,000 the previous day. Wait for volatility indicator to set near zero to enter the trade and avoid if price falls below the diagonal support line. This is for range trading with resistance at 0.87.


FLI - A flag was formed on November 16, 2012 that may indicate possible resumption of uptrend when the formation completes. Flag is a continuation pattern and is considered complete after it has formed and breaks out of that pattern, and potentially continuing on with the previous trend. Watch out for the upward price breakout.






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