Dot Hill Systems (HILL) is a perfect example of a stock bouncing on it’s daily chart (not shown) where it should and displaying dominate strength to breakout on weekly chart . It has a new weekly closing multi-year highs. I’m more of a pullback buy trader so I won’t chase here, especially since the general markets remain in a tenuous area – despite all the euphoria of traders, so I’ll choose to watch this stock for now. However should this have a contained, orderly pullback this will be one to watch.
Limited spots left until membership closes it’s doors. Once we reach 100 subs I won’t be accepting new members unless someone unsubscribes. We’re at 98 now!
via:http://www.zentrader.ca/blog/?p=22009&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Zentraderca-Blog+%28zentrader.ca+-+Blog%29
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