Thursday, January 14, 2010

FITB and CENX Charts : First and Second Trade of 2010

I sold 1000 shares of FITB today. Certainly, it can continue higher from where I sold it at 11.92. It might continue higher to the top of the bar September 15, 2008. This is illustrated in the weekly chart. CENX had a breakaway gap on January 12. This stock should retrace down to the $12 area. This will form another base-on-base formation.








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