The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

Top Performers Under Pressure

 Oct 20, 2009 04:20 PM UTC
Return Risk
+0.00% N/A
Tracked Blogger
Symbol Sentiment Start Return Closed
CAR n/a

Graphic_arrow1 Via The Kirk Report:  

One of this year's top performers - Avis Budget Group (CAR) - is now testing its average true range:

CAR

If it closes here, it will be the first ATR violation/sell signal we've seen since its ATR buy signal on March 20th at $1.09 per share (a +900% return). Whether stocks like this can rally back and hold above these support zones is critically important.

* For more information on the ATR indicator I use and how I use it, please visit the members' only website.


 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch