HSR hit a buy today as it closed at $11.70. If you are using the Darvas theory along with the ADX model that I worked on, it is now above the level of the old box of $11.60. The other thing that occurred is that there are three white soldiers.
WIT tested the lower end of the Darvas box, but still closed above it meaning that a trader would still be waiting to get in on this one. If you are looking to short this stock, wait until it closes below $16.30.
If you got in on MCO as suggested a few days ago, you were rewarded today with a 4% rise in price on higher trading volume.
BLUD has also retraced in lower trading volume. It might use $31.50 as support/lower end of Darvas box.
No changes in Forex today. There may be some big moves with the Fed talking about interest rates tomorrow.
Good luck trading.
JD
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