The last trade in EMC in 2012 ended up with very little profit but technically ran only for a couple of months, now EMC is poised for another up-move in 2013.
EMC broke resistance at 24.55 signaling a buy in the stock with a stop loss of 21.45 & support at 23. Resistance for the stock is seen at 25.3 breaking which it should move to the next resistance at 27.6 which is an important area for the stock. If and when 27.6 is breached, significantly, we might see much higher levels on EMC.
Supports - 23, 21.45
Resistances - 25.3, 27.6
EMC broke resistance at 24.55 signaling a buy in the stock with a stop loss of 21.45 & support at 23. Resistance for the stock is seen at 25.3 breaking which it should move to the next resistance at 27.6 which is an important area for the stock. If and when 27.6 is breached, significantly, we might see much higher levels on EMC.
Supports - 23, 21.45
Resistances - 25.3, 27.6
RSS Feed
