Shorter-Term Trends And Longer-Term Outlook For Saturday, Oct. 26

But I mention these two companies because they are among the best of the growth stocks based on their charts. They show the rapid run-up in price, and then the sell-off that started Sep-09. When you step back and look at this chart, they definitely needed to take a break and consolidate.

Just within this past week, Mastercard (MA) touched the low of its range looking like it could break down, but ended the week near the high of the range and looking like it could break above a buy point. At the moment, both stocks (including V) look like they could be building a new bullish base.

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Disclaimer: I am not a registered investment advisor. My comments above reflect my view of the market, and what I am doing with my accounts. The analysis is not a recommendation to buy, ...

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