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How Far Will $AMZN Run? $QQQ $EBAY $SPX $SPY
January 25, 2013
- Comfortable vis-a-vis its trailing-stop
- Despite the sustained uptrend, the haDelta :: SMA(3) bullish crossing offers indications of a strong trend ahead
- Difficult to overcome the haDelta resistance
- Caught inside a medium-term consolidation (haDelta is inside an ascending triangle)
- Caution: haDelta is approaching the first resistance level.