There was some selling on Thursday, but I feel it as not too heavy.

I monitor Utilities sector for possible upside move. It has nice bullish flag / pennant chart pattern.

And my stock chart analysis showed me these stock picks for Friday: AVP, IO, NSR, OMRI, OSIP, PEG, RBN. All are long trades. Breakout and pullback stock trades.

Some charts:

This entry was posted on Friday, November 16th, 2007 at 2:06 am and is filed under ETF analysis, ETF trade setup, Stock pick. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.