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The Gap Inc. GPS stock embarked on another leg of the bull rally that took it to a new high of $27.66 today on rising volumes. Technical indicators are supporting the bulls. The stock is still on a strong bull market with 50-day moving average on top over 200-day moving average and MACD is above signal line. Today's high was $27.66, which is resistance for the continuation move on Thursday. If you haven't added GPS to your watchlist, now is the time.
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Verisign, Inc. VRSN continues to show strength as the rise in volume confirms the price uptick. This stock is clearly in an impulsive wave upwards. If you are on board, there is nothing more to do but enjoy the ride.
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Tibco Software Inc. TIBX Nice break on strong volume, like the OBV trend, RSI has space to move up more.
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