Posted On: 12/08/2013 3:39:22 PM
Post# of 2561
BRCM Daily Chart ~ Ready to Break the Horizontal Resistance?
The last two trading days say intraday moves above the resistance line but the stock failed to close above it. I haven't entered BRCM yet. But if I do, it will probably be with call options in the hopes of a move to the MA200 at 30.45 or maybe for a closing of the gap near the 33.00 level. The MACDs just began to crossover the last two days. Any move and close above the resistance line on high volume would suggest my targets will be seen. GLTA
The last two trading days say intraday moves above the resistance line but the stock failed to close above it. I haven't entered BRCM yet. But if I do, it will probably be with call options in the hopes of a move to the MA200 at 30.45 or maybe for a closing of the gap near the 33.00 level. The MACDs just began to crossover the last two days. Any move and close above the resistance line on high volume would suggest my targets will be seen. GLTA
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