Saturday, October 27, 2007

ADVS Analysis for 10.27.2007

ADVENT SOFTWARE - ADVS

Monthly chart shows abc wave into $10.00 area support. Upside momentum remains strong.

Weeky chart shows strong buying this past week.

Daily chart shows kicker signal with a gap through the 8ema at the open of trading on Thursday. Friday saw new highs and early profit-taking. The trading day closed well above the mid-point of Thursday's price action. Look for continuation higher.

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