Today we are looking at the following longs with interest:
DISCA: Discovery Communications. Tested support with low volume. It seems that the bearish action yesterday was generated by high frequency trading algorithms hunting the trade stops in the market place.
DISCA Stock Market Chart for 6-30-2010.
CMG: Chipotle Mexican Grill. Will it bounce with the rest of the market? Stock market indexes are up this morning.
CMG Stock Market Chart for 6-30-2010
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