mjm0502

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Markets Allocation
100 % stocks
Top Mentioned Symbols
HIMX 50% | 1 BDX 50% | 1
mjm0502 mjm0502 HIMX, W, Long ,
HIMX: HIMAX- having nice run up
80 0 3
HIMX, W Long
HIMAX- having nice run up

Appears that HIMAX is setting up for a breakout. Approaching 1st leg of resistance at around $11.60 ( trading today around $11.20). Looks like there is a nice gap up to about $14.60( 2nd leg of resistance) I think now would be the time to buy in for a short term trade w/ potential to pick up about $3.00 on the stock. For those looking for a long term play, it ...

mjm0502 mjm0502 BDX, 60, Long ,
BDX: Nice "W" pattern recently formed
44 0 0
BDX, 60 Long
Nice "W" pattern recently formed

Check out this hourly chart showing a nice "W" pattern formed. The "W" began around 2/20/2013 ( about a week ago)...the "W" is formed.....the 4th leg up seems to have peaked and there is some consolidation with slight dips taking place in current trading range of 88. teens to 88.50's +....looks like BDX will break out from here once it clears through the 89 area......

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