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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: stan s. who wrote (54266)8/22/1999 12:52:00 AM
From: ok1day  Read Replies (1) of 90042
 
stan...If you get a chance, can you look at SBTK....The TA is starting to look good. I think it was oversold. There are two gaps to fill. One was reached due to company reporting anticipated bad Q2. The second gap due to delay in reporting Q2. I think the stock already took in the Q2 results. The candlestick chart shows Engulfing bullish?.....I drew a trend line from 7/19 through 7/28. I would say buy signal over 7.5 with resistance at 12.5

I would appreciate if you could correct me in where I misread the chart.

Hope you are having a good weekend.....

Thanks

Ossnat
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