This symbol remains strong. Below are some levels to watch after LOW announces tomorrow morning. If we see an upmove we will likely test 33.25 and the uptrend will be confirmed if we can take out recent highs at 33.60. See if you can spot the typo in the chart!
FB
Everyone knows about Facebook so there is not much to say. I saw an 8% short float as of Sunday night but I am not sure how accurate that is. I assume a lot of shorts were covered above long term pivot at 22.50 which was recently crossed again. A move above 24.50 this week should see a nice upmove. Some points of interest indicated on the chart below.
My favourite play of the week is a long above 26.00 in FSLR. Check out the stream of @traderstewie for a great chart with 47% short float. Good luck on Monday everyone.
Sean
