NASDAQ:OSTK Has lost its upward momentum. As this stock begins to form lower highs, and holds the 50 day SMA as resistance it could break its upward trend channel. If it holds below 82.57 I believe it could retrace to the 72.10 if the trend channel is broken on the downside. However, a couple of strong bullish days and a break of 89.90 could prompt more buyers to...
NASDAQ:ZNGA has quickly broken its levels and is moving in an upward channel. As long as momentum stays strong and bulls stay in control, ZNGA should have no problem reaching its next resistance levels. Things to watch are for a break in price channel and/or a break below the 100 SMA, this could be an early sign of reversal.
