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US Airways Group, Inc. Message Board

  • kenneth1000young kenneth1000young May 29, 2010 10:33 AM Flag

    resistance broken

    Last week may be the turning point from the bear market to bull market.
    Some stocks started breaking out of downward resistance line. This is a bullish signal that long term resistance has been broken, and stocks will continue to make new highs until it retraces back to this resistance line.

    For example LCC is one of the qualifiers found on May 26, its toplines defining peaks are uniformed spaced, making it a very strong pattern.

    However, there are lots of other good candidates from May 25 - May 28: DAG, LCC, HTS, SHI, ALK, KNL, HNT

    For the complete list of chart patter screeners and and more recent filter results, see http://www.screenulator.com/cgi-bin/view_screen?id=8