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Wednesday, July 13, 2011

Zagg Inc Formed 4R1G at MACD.. Bullish Reversal

Zagg Inc has formed a 4R1G and rebound at the support. Time to bull it again..

1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - 4R1G ( Bullish)
4) RSI - Rebound at 50% ( Bullish )
5) Sto -  Rebound at 30%  and going up Bullish)
6) ADX - strong momentum and Bullish
7) Candle Stick - White Candle after Doji( slight bullish)

0 Points

       7 Points


Winner BULL

Rebound from Support based on the FIB retracement level.

Entry Price 13.9
Take Profit  at 15.92
Support at 12.26

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

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