Merrill Lynch Internet Infrastructure Holdrs (IIH) goes positive by breaking intraday moving average 2012/10/23 16:34

The intraday price for Merrill Lynch Internet Infrastructure Holdrs has moved above its 200 period 30 minute moving average of 3.25. IIH is near 3.3 bucks now. Breaking above the moving average adds to the positive trend in the price.

The price is above the trend line, which is about $3.25. Falling below that might indicate a change in trend.

Other stocks to watch – these are correlated with Merrill Lynch Internet Infrastructure Holdrs:

Western Asset Inflation Fund Inc (IMF) with a correlation of 98.22%

ROYAL BANK OF SCOTLAND CALL WTS 17/09/10(GBP/USD C.SPOT)USD1.5 (RE96) with a correlation of 97.8%

Ultra Short Japan Profunds Investor Class (UKPIX) with a correlation of 97.33%

Utg Inc (UTGN) with a correlation of 97.87%

Whistler Blackcomb H (WSBHF) with a correlation of 97.29%