Tuesday, February 15, 2011

CRUS trading alert.

CRUS: Has an underlying bid. If CRUS can hold above 25.00 with some decent volume it could possibly be on it's way to 27.00. The stop loss is two fold. For a short term breakout play the stop loss of 24.25 should be in place. This possible current breakout needs to take place in the next few days for it to be valid. CRUS is not in a confirmed breakout yet. For a longer term outlook as CRUS trades in it's current range 22.00 should be used as the stop loss.

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