Monday, May 02, 2011 1:12:42 PM
1-Brazos International Exploration, Inc. (BRZL.PK) -.0122BRZL exploded on high-volume breaking above the 50-day moving average. Traders and investors are anticipating a merger and acquisition in the coming weeks. Should make for a great trade as there is a forward-looking event.Brazos International Exploration, Inc.(BZRL) engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for uranium, gold, and silver ores. The company holds an option to acquire 100% interest in various mineral claims located in the Laurentides Region near Mont Laurier, Quebec. 2-Federal National Mortgage Association (FNMA.OB) -.435 FNMA had a weekly close above its 50-day moving average. Traders and investors get very bullish on this type of technical breakout.A weekly close above .44 could provide some nice upside.
BRZL exploded on high-volume breaking above the 50-day moving average. Traders and investors are anticipating a merger and acquisition in the coming weeks. Should make for a great trade as there is a forward-looking event.
Found it mentioned a few places dated today on the web, have a great weekend all, see ya monday....o an see what it says the weekly close could provide above ,)
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