Thursday, April 02, 2009

NASDAQ Closes Above Resistance



Stocks moved higher today with the NASDAQ up over 3%. The NASDAQ made a 4 month high and closed above resistance. If this move is for real, it appears that the next upside target for the NASDAQ is the 200 day moving average which isn't that far away.

Posted by Kevin

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1 comment:

Jennifer said...

Hi Kevin,

Also noteworthy is how GOOG is right beneath its 200 ema. Will be interesting to see how the market moves from now on...

12:46 PM

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