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Sunday, January 22, 2012

Three Candidates for Longs: Monster - Cvb - Mela

Monster Beverage  Corp. (MNST).- Price: US$ 104.52 (Var: + 3.53%). Volume: 1.14 Millions of shares (daily MA: 794K). New high but its overbought.

Cvb Financial Corp. (CVBF).- Price: US$ 10.970 (Var: + 2.91%). Volume: 889K of shares (daily MA: 799K). Good advance but looks overbought in the short term.

MELA Sciences Inc. (MELA).- Price: US$ 4.40 (Var: +2.33%). Volume: 743K of shares (daily MA: 510K). Good advance... but is overbought.

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