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Wednesday, February 10, 2010

WEB: formed a Long White Candle with Volume


I noticed that WEB has been encountering resistance @ 16.00 for the past few trading days... but today it breakout from its resistance and ended with a long white candle with above-average volume and closed @ 17.00.

BTW, MACD signals a BUY and RSI is up....

1 comments:

Anonymous said...

could be a rounding reversal bottom.
its a buy yesterday.