Read Larry Connors' blog – Short Term Trading Strategies
Dynegy should find initial resistance at its 200-day moving average of $1.92 and further resistance at its 50-day moving average of $2.02.
SmarTrend is bullish on shares of DYN and our subscribers received an Uptrend alert on March 20, 2009 at $1.63, which has returned 11% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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