Friday, May 8, 2009

Better Than Expected

The government Employment Report came out better than expected, employers cut 539,000 jobs last April. The lowest in six months. Wall Street viewed the report as very encouraging and pushed the US stocks to end higher. This positive scenario have also helped my swing positions on LNET, NGA, and ACN all three are within my entry points. 

I'd like to show you the chart of ACN this stock is breaking down. If the selling continues volume may also accelerates and test the $29.00 level the area near 21 EMAs.


No comments:

Post a Comment