Sunday, February 05, 2012 9:01:57 AM
A little perplexing as to why this is sagging with such a small gain given the fact that you can't get a much bigger social media agreement than with YouTube.
Chart indicators look positivefor another push IMO after settling (accumulation) in last week around the $1.90 range. Accumulation was evidenced by trading in a tight range between $1.80 and $2.20 range for the last 10-trading sessions while hugging the 20-MA the last 4-trading days.
Last Friday was it's biggest volume day since Jan. 24th while both Thursday and Friday showed increased volume ending both days positive.
This one could see a nice push this week. Definately worth a watch.
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