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Update: AKAM, EJ, NYX, FMCN, VGZ
By: Stock Roar   Monday, November 05, 2007 2:40 PM

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Stopped out of EJ at $33.01 for a +24% profit (entered at $26.55) in less than 2 weeks. I’ll wait for this to pull back to $28-29.

AKAM is still looking good (original entry at $37.70) price is just consolidating and volume is lighten up which is positive. This needs to break above $40 in the next 2-3 trading days.

NYX went down sharply the last 2 days but volume was still low. If it breaks past $88 it will show signs of weakness then I’m out.

FMCN entered on 10/31 at $60.50, currently up +7.7%. I should have entered on 10/26 when it bounced off the EMA9 and EMA21 which I really like to see.

VGZ entered on 10/26 at $6.60 riding the gold play here. It broke the major down channel with huge up volume, sign to buy!I have been riding this up for the last 5 trading days to a profit of +12.1%. All the technicals are very strong but it’s hitting the upper sub channel line so I must watch with caution.


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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