Tuesday, September 16, 2008

Beautiful LULU

Bounce off of the 10 DMA, 20 DMA, previous low. I am expecting a move above the 50 DMA. Volume has been light the last 2 days, so with a further move up, expect more of a squeeze. First target should be 23-23.5

FSYS hit the low 46s. I would stay away form it for now.