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Two Stocks in Strong Position - Update

September 29th, 2008 at 8:00 am by AndyAskey

I posted the charts of two strong looking stocks at the end of July.  I noticed that both remain is a strong position.  One stock is a home builder and the other is a technology stock.

NVR Inc. (NVR) continues to work towards the 50/50 point.  This chart looks healthy to me but not necessarily at a point to buy.

NVR Chart

The chart of Microsemi Corporation (MSCC) is forming a double bottom.  If the market becomes strong then a breakout here is a potential trade setup.

MSCC Chart
Charts courtesy of Stockcharts.com

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