LU and HNP

LU bounced back from low of 3.12. It has broken the resistence at SMA 20, which it had done last month but failed to folllow through. The next resistence is the downtrend line overhead, roughly at 3.5.

Since HNP broke down from the triangle and formed a double bottom, it has rallied back the breaking point 30. There is one point of room for it to go higher before reaching the downtrend line formed since last Sep. It does not hurt to take some money off the table now.

HNP

HNP is in similar condition as SUNW. It needs to break out SMA 20 now to change its current downtrend. However, in the past two months, it has not done so. It backed down from the SMA 20.

HNP

HNP is in similar condition as SUNW. It needs to break out SMA 20 now to change its current downtrend. However, in the past two months, it has not done so. It backed down from the SMA 20.