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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (31385)11/22/1999 1:30:00 PM
From: Bryan   of 108040
 
Took a nibble on SOCT @ $1.25. From a TA perspective it looks as though it wants to test resistance up near $1.75. If it can hammer through there, it's definitely going back to $3. The chart patterns are suggestive of this move up, IMO.
1)A defined downtrend from May till Sept.
2)Sideways consolidation from Sept till Present.
3)Break out of consolidation today.
4)New uptrend headed for $3?

Do you have a time target on SOCT?
You obviously believe in the company's restructuring plans....and so does the street. How long till the company realizes some fruition?

B
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