ADCT near to breakout
Wednesday, July 11, 2007
Chart courtesy of stockcharts

Shares of ADC Telecommunications were up today nearly 2% closing at 19.17$, very near of the major resistance at 19.20$. It's seems to me that stock will breakout very soon this resistance probably tomorrow morning because indicators are all showing Bullish signs, such as MACD,RSI and CCI, the last one above +100 the key indicator for the next move up, let's see if stock will do what is suppose to do.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 3:11 PM | Permalink


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