Thursday, June 21, 2012

Stocks to watch - follow up

Stocks to watch - follow up

Barclays PLC.

Indeed after few sessions of sideways moves, Barclays finally broke up and trading now above 200.00 (with intraday highs or around 208).
We are long from 195.00, which is the upper horizontal support line, once it broke above the "correcting trend".

Citigroup Inc.

Price went back above the trend line. We are long from 27.76, when it retested the break above 27.00 support line.

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