Posted On: 08/24/2012 7:04:49 PM
Post# of 474
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$HUSA bullish consolidation continues
I'm really liking the pattern forming on $HUSA. It is consolidating above the 20 DMA and just below the 50 DMA in a bullish manner having made a low in August at 80 cents and rallied earlier this month.
This is a good area for entry with a stop out at a close under the 20 DMA with a breakout signaled by a close above the 50 DMA.
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