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Tuesday, May 5, 2015
Charts $fb $amzn $bac $ibm $trxc
FB - if market weakness persists a flush to the 50sma can be expected.
AMZN - holding strong through out the day, except for the last few minutes. Want to enter near 410-418.
BAC - daily broke out, now we rest on weekly resistance via the 38sma. Once it breaks, the next stop is low to mid 17s.
IBM - closed the gap and sma resistance. Waiting for a pull back to 165.
TRXC - looks mighty interesting here. In the mist of a pull back off long term resistance. A break leads to 6-7.
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