Saturday, December 09, 2006

ENDP Analysis for 12.09.2006

Monthly chart shows divergence going into the $35 area high. So far this month, buyers have been slowly getting back into the stock.

Bullish engulfing candle showing buyers coming back into the stock. Price is currently at the 89sma as resistance.

Cradle pattern showing buyers slowly coming back into the stock. Look for follow through to the upside next week

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