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Tuesday, July 24, 2007

StockWatch: RYI, AA, VLO

AA - A nice up trending stock that has pulled back recently to 50 MA support with a hammer. Note the 50 MA provided good support in the last three occasions.


VLO - Currently range bound and trading between the area of $77.5 and $71.7. Right now sitting at support.

RYI - Appears to be breaking out of descending triangle.

Btw, CSCO has broken out of $30 level with above average volume.

*As always, please do your own due diligence and check for earnings dates.


1 Comments:

Blogger JJ2000426 said...

SWC down another 8.25% today. In the past three days it dropped a total of 20%. SWC is the only palladium and platinum producer in the US. Palladium and platinum are very important precious metals that see price trippled in the past three years. This is a stock with extremely bullish fundamentals and this may well be the CAPITULATION event where you get an excellent entry point. See my analysis of the SWC fundamentals.

12:09 PM  

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