Wednesday, September 9, 2009

Solarwinds (SWI) threatening to break loose

We previously profile this stock. Today volume is mounting as it creeps upward. For those with an eye on the stock (it's a bit too thin for us) this would be the place to take an initial position, around $19.50 with a stop below the 50 MA. We'd look to add should a high volume move towards the highs ensue.

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