| FlowTrades.com Issues Technical Trading Outlook on BG, HAL and GS |
| Written by TradersHuddle Staff |
| Thursday, 19 November 2009 23:20 |
|
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. Don’t just buy stocks and hold them. The “buy n hold” strategy is dead. Investors seeking above average returns need to enter investments with a defined entry and exit strategy. FlowTrades find daily trading opportunities and provides you with defined entry and exit points for your trades, so that you can get ahead. 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. |
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Weston, Nov 19 (TradersHuddle.com) –
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