Wednesday, November 21, 2012

Stocks to Watch: ELI, LPZ

ELI - The price and trend indicator break out of the downtrend line with very nice volume (look at that!). Watch the price breaking above the parabolic SAR, this can confirm the price trend reversal.
LPZ - The stock is likely to breach the 52-week high and resistance at 6.53. Buy on a breakout with big volume.

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