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EQIX and WYNN 022807

by Online Stock Trading on February 28, 2007

Here’s a few interesting charts to ponder. Wait for the stock picks to trigger before buying or shorting.

EQIX held the 50 day moving average and uptrend line. If it continues to stay above that support it’s a long. Short on a failure of that support.

eqix-022807.jpg

MGM was one of the stronger stocks today. It hasn’t touched it’s 50 day moving average in quite a while.

mgm-022807-daily.jpg

The 60-minute chart told me to sell short, but I won’t do that before the close.

mgm-022807.jpg

In addition, LVS and WYNN are two stocks in the casino sector that have already been portraying weakness. Put ‘em on the trading radar.

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