Wednesday, September 12, 2007

BARE- Breakout?

Looking pretty good here. It's rounding out the bottom and starting to lift off support from 24.87. There is some resistance ahead but nothing that's really worthy until it gets close to 36 bucks.

MACD is showing nice momentum. It's definitely breaking out from it's downward trend, or trying too anyway. Volume is ok but I'd like to see it pickup as the price increases.

The two EMA's are on the path of crossing, if this keeps up, it might explode to the upside next week.





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