Wednesday, December 06, 2006

NTGR Analysis for 12.06.2006

Possible 5 waves up into $28.40 area resistance. Last month saw few sellers. $25.00 current short term support.

Buyers came back into stock early in the week. Let's see if they can keep it up for a test of high and higher.

Support off the 34ema and the $25.00 area. Today saw renewed buying into the close. Let's see if we get follow through or not.

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