Thursday, August 02, 2007

 
NYSE Chart of the Day
Courtesy of Nirvana Systems




BVN looks to be forming a clear head-and-shoulders pattern at highs above the 38.00 neck line (support level). If the stock can remain above this zone, we could see more strength ahead. Otherwise, a downside break could spark big selling pressure back toward the 30.00 range.

Daily Trading Signals

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