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Weekend Swing Signals for April 17, 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.

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 31 swing trading signals or which 13 are BUYs and 18 are SELLs. For some reason this week, we seem to have a number of Chinese companies in the list and they are mostly SELL signals. A sign the rally in the Hang Seng starting to take a breather? Stay tuned...

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 this link and this link.

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