Friday, December 14, 2007
GENZ Possible Breakout Coming
As you can see in the chart posted above, GENZ is in a consolidation pattern and looks posied to breakout. Because of the uncertainty in the market right now though, I would only put a small position on in this stock unless it breaks on decisive volume. If the uptrend does continue, the small position can always be added to. If the uptrend does not materialize and the stock falters, stop out below the 50 sma.
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