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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (17013)10/14/1999 6:42:00 PM
From: Ken W  Read Replies (3) of 29382
 
Mike:

I'm going to take a stab at the IONA chart and see if John has taught me anything.

Looks like the stock is short term overbought at this point and may pull back to near 16 (new support level with any strength) then move back up to mid 19 again as that is where the overhead is. Looking way out on the weekly charts everything is in place for this to be a 25 to 30 dollar stock TA wise that is.

Ken
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