Capitamall, GMG and Chemoil
Wednesday, April 28, 2010
, Posted by InvestorTrader at 12:26 AM
Capitamall broke out of ascending triangle yesterday and stayed up above resistance of 1.89 for a 2nd second day. More upside likely but need to be cautious given that Dow, Nasdaq and S&P500 is currently down by more than 1% (at point of post) due to fear of what's happening in Greece. 
A couple of counters to watch for potential swing trade are GMG and Chemoil. GMG is now on the 20MA. Trigger at 0.225 and stop at 0.200.
Trigger for Chemoil at 0.41 and stop at 0.39.
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