Sunday, November 18, 2012

11/19/12 Watchlist from the IBD50 & ST50:

DDD saw distribution this past week. The price is holding near the 50 day and we'll see if it continues to hold at that support level.  If it falls below the 50, on heavy volume, I may cut it from my list.  Two other stocks I really like and are holding up well are CVI & RAX.  CVI looks to be constructing the right side of a cup base while RAX looks like it is constructing a double bottom on its daily chart.

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