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tonypro99

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tonypro99

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Friday, 01/13/2012 8:20:49 PM

Friday, January 13, 2012 8:20:49 PM

Post# of 822
So today we have the 50 MA crossed the 150 MA this is usually resulted in a pull back and consolidation phase with a push towards higher highs. The confirmation is officially confirmed in my books once the 50 MA has crossed the 200 MA. With today's gap down and the unexpected news of the Euro downgrades I believe this was the result of the pull back but the markets didn't react as negatively as I expected and I continue to believe we are on focus here of the US right now and will look towards another strong trading week. I will still hold my $4.00 price target for BZH in the coming weeks.
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