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Charts, Stock Picks, and Technical Analysis from an Online Stock Trading Veteran

October 23, 2007


WYNN CCJ and NILE on the Radar 102307

Filed under: Stock Picks — Online Stock Trading @ 9:49 pm

That 70+ Nasdaq point loss on Friday is quickly being eaten up. Stay on the side of momentum.

WYNN closed strong near the end of trading. The trendline break and move above the 20dma should send it higher.

wynn-102307.jpg

CCJ moved to a 60-day high with the break above the last pivot high.

ccj-102307.jpg

NILE is holding onto support here. For those of you that enjoy bottom fishing, a close above the trendline is positive.

nile-102307.jpg

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