[Entering Position in Syneron Medical (ELOS)]
Dear Member:
Syneron Medical (ELOS) is in an uptrend and has bounced up off the trend line. There has been a positive DMI crossover and there is a handy exit below the trend line in the event I am wrong on direction. I like the stock on a day order at a limit of $25.10.
DISCLOSURE: At the time of publication, I have no position in ELOS.
Sincerely,
Bill Kraft
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