FlowTrades.com Issues Technical Trading Outlook on BG, HAL and GS

Published on Thursday, 19 November 2009 23:20 Written by TradersHuddle Staff

Weston, Nov 19 (TradersHuddle.com) – FlowTrades.com, an online subscription service that increases confidence in trading stocks, by providing in-depth technical analysis of stocks with a simple to use system to lock up profits and limit losses, highlighted it’s technical trading outlook on:

Bungee Limited (NYSE:BG), Halliburton Company (NYSE:HAL), and Goldman Sachs Group (NYSE:GS)

FlowTrades highlighted the recent weakness of Goldman Sachs (NYSE: GS) as it has struggled to break the 50 day moving average, with the 20 day moving average on a negative slope. This is an important fact, given that it’s the first time it has done this since November of 2008.

Bungee (NYSE:BG) is moving above the 200 day exponential moving average and looks like it will retesting its previous support long term trend line. Halliburton (NYSE:HAL) is coming down to the lower area of its tight trading channel.  

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To find out more details and trade with confidence visit FlowTrades.com!  To get your 14 Day Free Trial.

FlowTrades is an online newsletter for informational purposes only. The service should not be considered as investment advice, endorsement of any security, or as an offer to buy or sell any security. FlowTrades.com is not a registered investment advisor, and doesn't provide individual investment advice.