[Buying Memry Corporation (MRY)/Day Order/Limit $3.00]
Dear Member:
Memry Corporation (MRY) has broken above a weekly resistance. It has an IBD Composite rating of 96. I like the stock at $3.00 or better. The initial exit if it turns down would be a break below $2.65.
The markets have not yet shown the direction, but MRY has been performing well even in the face of that uncertainty.
DISCLOSURE: At the time of publication, I have no position in MRY.
Sincerely,
Bill Kraft
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