Technical Analysis of Financial Markets

Thursday, June 01, 2006

NutriSystem, Inc (NTRI) - Diamond Top ?

NTRI looks as if it has formed a Diamond Top which is usually bearish. The on balance volume is flatlining, money flow seems stagnated - in or out. Trade in the direction of the breakout; if down, then a visit to at least the 50-day moving average sub-$60 level may be possible. Cross-post:

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