IGT at New Intraday Highs, $42 Anyone?

Shares of International Game Technology (IGT) just hit a new intraday high of $42,02 actually, from $41.98 about .25 minutes ago. Volume on the stock is just about 1.5 million, and the stock is up nearly a point today already after tumbling with positive earnings yesterday. I post because the last 10 MINUTES, the stock has run from $41.50 all the way to $42 (new intraday high of $42.03). The stock has receiving strong support at $41, and its 50 Day MA continues to uptrend. Personally I would buy at $41 support or wait for $43 to get rebroken to take a position.
Happy Hunting!

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-- Posted by Blain Reinkensmeyer on November 8, 2006 at 10:32 am --

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