Friday, August 15, 2008

Ambac Financial Group Inc (ABK) chart


I have tried to explain the ABK TA chart action in simple layman terms. Please click on chart for sharper image. ABK, MBI and PMI are all getting positive action. I am owning this stock as of yesterday and added more today. I would like to see ABK close above $6. That would be a very positive step and would indicate new buyer interest.

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