Stock Chart of the Day: ZU

Trade Report focus list stock ZU broke out of a post moving average remount breakout range on strong volume.

This stock has been showing signs of accumulation even before remounting the moving average. This underlying volume support should help propel the stock to recent highs around $42.  I will look for a good entry on weakness.

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Stock Chart of the Day: BITA

Today's stock chart is BITA, which is pulling back to the 50 dma after reaching new highs in August.   The 50 day moving average could provide a decent bounce as the stock nears oversold levels, though the strength of negative volume is a concern.

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