February 29, 2012 5:22 PM | 2 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Elan Corporation, plc (NYSE: ELN) has a mixed technical profile at the present moment. Intermediate trend is down. The stock recently broke below its 20 and 50 day moving averages. Short term momentum indicators are now showing technical signs of recovery. The break of the resistance of $13.03 with heavy volume should be the next buy point on ELN.
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Shares of Sirius XM Radio Inc (NASDAQ: SIRI) surged 2% to $2.26 per share breaking out an important resistance with heavy volume. We should be able to see some decent upside movement for the bulls here. Technically, the stock still in a very strong bull market with MACD on top of signal line and 50 day moving average on top of 200 day moving average.
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Uranium Energy Corp. (NYSEAMEX:UEC) - $3.62 could be the level the stock might find support. Notice accumulation volume has been ramping up lately.
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Glu Mobile Inc.(NASDAQ: GLUU) is back at the breakout area again and may find support here. Volume declined on the pullback which is positive. I'm Bullish on stock.
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Melco Crown Entertainment Ltd (NASDAQ: MPEL) - Looking very good but the stock might consolidate in short term.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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