May 31, 2008

NFG - Darvas Trade

NFG - NYSE. National Fuel & Gas Co. has formed a Darvas box entry at the 63.71 all time high following a good expansion in volume.  Recent expansions in Volume show a continuing buyer’s interest in this stock.  A breakout of the top of the box would signal an entry.  A tight Darvas stoploss should be placed just under 59.00 at the time of entry.

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