Stock Picks For Monday 23 August: Sirius XM Radio, Intuit, Marvell Technology Group, Generex Biotechnology, Cell Therapeutics, Somaxon Pharmaceuticals
Posted on August 22, 2010 at 10:01 AM EDT
( click to enlarge ) Intuit (NASDAQ:INTU) broke resistance Friday, hitting a new 52-week high. Friday’s high of $44.85 is resistance for the continuation move. At this stage, the stock is too extended for additional positions, and is in the overbought zone. I really like the chart but at this level I ...