Dynegy Inc. (NYSE:DYN)
July 15th, 2009
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Q: Should I hold, sell or buy more (Dynergy.) What does your indicators show?
Thanks,
Len
A:We still have DYN in an Uptrend 3/20/09 when we issued an alert at $1.62. The stock held its 200-day moving average and bounces a few days ago and is now testing its 50-day moving average which is overhead resistance at $2.09. If it can cross above, it may lead to a further break out so watch that level closely.
