Saturday, March 6, 2010

...continued setups

LOGI -
Falling wedge - I got in this a little late but I love the strength - pretty bullish once again. I love their products too - can't lie ;) I think by breaking this 50 EMA a move up will happen. Tight stop on that 50.





WERN -
Cup and handle on the 52 week high - I've been averaged in at 22.30, and really should've doubled up at 22 even but can't complain about profits. There's a trendline leading back to June of 2009 - if it shows weakness on monday I will drop it but I don't think it will - stochastics are starting to look embedded
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