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Zignals Stock Charts: Three stocks with Insider Buying

Source: http://zignalsblog.blogspot.com/2009/02/zignals-stock-charts-thress-stocks-with.html
Posted on Friday, February 27th, 2009 | In Stocks to Watch
Contributed by: Declan Fallon (http://www.zignalsblog.blogspot.com) -

Jonathan Moreland at a href=”http://www.thestreet.com/story/10465456/1/insider-buys-11-million-of-gentek.html?puc=_mdb_html_pla19cm_ven=EMAIL_mdb_html”TheStreet.com/a has published a list of 10 stocks showing good insider buying. The Top 3 in reverse order are: br /br /a href=”http://www.zignals.com/main/charts/trystockcharts.aspx?param=Vlc3MjQ=?end”Gentek/a (strongGETI/strong) has been bumping along $13 for the past month-and-a-half. Pessimists would see this as a bearish descending triangle so if it can maintain the $13 for another couple of weeks it would negate this pattern. I have made a a href=”http://www.zignals.com/main/charts/trystockcharts.aspx”call/a for a move back to $20 with a stop on a loss of $13. br /br /a href=”http://3.bp.blogspot.com/_WWGUfU1tOjI/SafGenlTJfI/AAAAAAAAAxo/qwG6Jsa-Kj4/s1600-h/GETI.png”img style=”display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 181px;” src=”http://3.bp.blogspot.com/_WWGUfU1tOjI/SafGenlTJfI/AAAAAAAAAxo/qwG6Jsa-Kj4/s320/GETI.png” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5307428915203220978″ //abr /span class=”fullpost”Second on the list was a href=”http://www.zignals.com/main/charts/trystockcharts.aspx?param=Vlc3Mjc=?end”Marriot International/a (strongMAR/strong). It has spent the past few months struggling to get past a band of resistance running between $21.35 and $22.15. The current decline looks set to test November lows of $11.88. Will it make it? You can use a a href=”http://www.zignals.com/main/alerts/tryoutmarketalerts.aspx”Zignals Stock Alert/a to notify you when it does. br /br /a href=”http://4.bp.blogspot.com/_WWGUfU1tOjI/SafRJLGaLcI/AAAAAAAAAx4/wwxbg619hOM/s1600-h/MARFeb26.png”img style=”display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 207px;” src=”http://4.bp.blogspot.com/_WWGUfU1tOjI/SafRJLGaLcI/AAAAAAAAAx4/wwxbg619hOM/s320/MARFeb26.png” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5307440641408118210″ //abr /Top of the pile was a href=”http://www.zignals.com/main/charts/trystockcharts.aspx?param=Vlc3MjI=?end”Republic Services/a (strongRSG/strong). Unlike Gentek it has spent all of February in a decline, a decline that looks set to test $18.25 support. The stock is good a href=”http://www.zignals.com”Watchlist/a material, with a a href=”http://www.zignals.com/main/alerts/tryoutmarketalerts.aspx”Zignals Stock Alert/a just above $18.25. br /br /a href=”http://3.bp.blogspot.com/_WWGUfU1tOjI/SafOWH45pTI/AAAAAAAAAxw/MRW11L6fFOk/s1600-h/RSG.png”img style=”display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 320px; height: 181px;” src=”http://3.bp.blogspot.com/_WWGUfU1tOjI/SafOWH45pTI/AAAAAAAAAxw/MRW11L6fFOk/s320/RSG.png” border=”0″ alt=”"id=”BLOGGER_PHOTO_ID_5307437565349569842″ //abr /Happy Hunting!br /br /span style=”font-size:80%; color:#cccccc;”Dr. Declan Fallon, Senior Market Technician, a href=”http://www.zignals.com”Zignals.com/a the free stock alerts, market alerts, and stock charts website /span/span

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About Declan Fallon (http://www.zignalsblog.blogspot.com)
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts, and stock charts website.

It's our job at Zignals to give market participants all the information they need to make informed decisions; both fundamental and technical.

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