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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (18527)1/29/2000 10:57:00 PM
From: Ken W  Read Replies (3) of 29382
 
TE the chart:

207.61.23.98

Entry looks to be 19ish +/- an 1/8 or so with the trade target 21ish. I looked at the STOCH's too..the 50, 18/9/5/3 all are pointing down toward the 19 area where the 50dMA is running.

I know that Sergio takes a longer view of these value stocks than I do. So my post here is for a short term trade.

A good break over 25 with some heavy volume will send this stock much higher as the tight 52 week range is very nice indeed. These are the kind of stocks that we should "invest" in from the old school of thought...but, just not enough "growth" =speculation enough to put them where they should rightfully be trading.
Ken
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