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Saturday, April 11, 2009

New Swing Trading Signals for April 10, 2009

This post is to announce that our weekend batch of new swing trading signals is available at the TradeRadar Alert HQ Swing Signals page.

After Wells Fargo pre-announced robust earnings, stocks took off this week. As a result, we have a lot more BUY signals on our list.

Our system looks for those stocks and ETFs that have exceeded their upper or lower Bollinger Bands and then have moved back inside the Bollinger Band envelope by a certain amount. Our interpretation is that there is a reversal underway and a short-term trading opportunity has presented itself.

Today we have a total of 58 swing trading signals or which 39 are BUYs and 19 are SELLs.

To see today's list you can check out the TradeRadar Swing Signals page. All 58 stocks are listed, plus we provide a free download in the form of a CSV text file which can be easily opened in Excel or any text editor. In addition to the signal and the stock symbol, we also provide some basic fundamental data to help you select the stocks that are of most interest to you.

For a more detailed explanation of how the system works, click on the label at the bottom of this post.

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