Posted On: 12/01/2013 10:19:36 PM
Post# of 2561
USU Daily Chart ~ One of the Best NYSE Stocks to Swing Trade This Year
As PhilCheeze might agree, USU has been one heck of a Big Board stock to swing trade. I am currently in the stock and looking for a break above the MA200 and 100 above at 10.30 and 11.58. The stock closed Friday at 9.47 with the MA50 at 8.91. At 10.60, 11.20, 12.40 are the previous short term highs. Should the stock close above 12.40 on strong volume, I wouldn't rule out the potential of a run to 19.44. The current leg up began about 3 weeks ago when the FullSto and MACDs crossed over to the positive. As I've mentioned previously, USU tends to swing 5-10% per day with many moves well over 20%. GLTA
As PhilCheeze might agree, USU has been one heck of a Big Board stock to swing trade. I am currently in the stock and looking for a break above the MA200 and 100 above at 10.30 and 11.58. The stock closed Friday at 9.47 with the MA50 at 8.91. At 10.60, 11.20, 12.40 are the previous short term highs. Should the stock close above 12.40 on strong volume, I wouldn't rule out the potential of a run to 19.44. The current leg up began about 3 weeks ago when the FullSto and MACDs crossed over to the positive. As I've mentioned previously, USU tends to swing 5-10% per day with many moves well over 20%. GLTA
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