Friday, June 6, 2008

Trade Alert: DUG

DUG may be trying to doubble bottom here. We want to see if it can hold this 26 area. If it can we will wait until it breaks its 8 day EMA for confirmation, then get in. In the daily chart 3 months you can see it hit 25ish in May and again this morning. We now have to wait for our master the market to tell us what to do next.

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