Right now I am riding the nice gain that Altria (MO) is experiencing. I entered the stock about a week ago at $71.50. Just recently the price target was moved up to $85. A quick glimpse of the chart can see where we are at. After looking at a 6 month time-frame, MO has just broken through an old resistance (creating a new support). Don’t be surprised if the new support is tested in the coming days.
This type of stock usually doesn’t fluctuate all that much, but I would keep a close eye on it with the recent unusual price movement.
It also looks like Activision has something good going on today (Sticking with the Pattern).
More on this topic
(What's this?)
Trading Academy - Episode 6: The Final
(Finance Documentaries, 5/10/13)
6 Biotechs with Staggering Potential: Grant Zeng
(Gold Stocks Today, 4/4/13)
MCK
(Samurai Trader, 5/8/13)