AI
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Tuesday, December 29, 2009 12:05:23 PM
Florinda- no problem
PUDA is showing a lot of strength on the bid so far today-I think someone is just sitting there buying up what they can on the bid- then moving it up a little.
As extended as it looks short term, it could go higher if that support keeps up.
Also- its coming to a 20 v 50 day crossover- the GOLDEN CROSS that many traders look for. When the last GOLDEN CROSS was made, PUDA went from the 4s to the 8s.
chart here is not mine...but interesting.
PUDA is showing a lot of strength on the bid so far today-I think someone is just sitting there buying up what they can on the bid- then moving it up a little.
As extended as it looks short term, it could go higher if that support keeps up.
Also- its coming to a 20 v 50 day crossover- the GOLDEN CROSS that many traders look for. When the last GOLDEN CROSS was made, PUDA went from the 4s to the 8s.
chart here is not mine...but interesting.
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