SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Amigo Mike who wrote (3507)1/31/1997 3:22:00 PM
From: Trader X   of 6124
 
CYRX in the "free Zone" now.

A subject I've never discussed before, but CYRX is a good stock to begin it with.

Free Zones-
A price range in which CERTAIN stocks historicly fall freely and rise freely through, with little or no price resistance.

I have never read any reference to this sort of behavior in any TA books, but it's a tendancy many high tech stocks demonstrate.

Since this is not a TA thread, I won't bore anyone with details, but let's just say, CYRX has such a zone between 25 and 30.

CYRX has just broken into it's 25-30 free zone, so I expect 30 to be reached within a matter of 2 weeks. Probably faster.

KH
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext