Monday, July 23, 2007

Tuesday

My scan picked up LLC and JBM.

LLC
Although the price is below the 100 day MA it has shown good strength and today the buyers and sellers reached an equilibrium, well almost. Although the market was down today and there was heavy selling, the stock price held it up. Definitely sign of strength, but next couple of days will tell if it had really broken out.




JBM
Looks like JBM has broken its downtrend and buyers have flocked to pick it up. The volume looks good. The last two days big white candles look great.



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