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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Stoctrash who wrote (38040)6/8/2000 12:01:00 PM
From: Rarebird  Read Replies (1) of 63513
 
NT is going to take off like a rocket soon. There was very good resistance at 61.50 and so far the high is 61.75. If NT closes above $62 this stock should surge. On the other hand, filling the gap at 57.5 will be the first sign it is indeed a triangle ( on the chart) with further short term downside possible. Support would be around 52 but NT might choose to visit the lower trendline at about 47.

I think it is safer to buy NT with a passion if it breaks above 62 here. If NT falls to the upper 40's, I would load up big time.
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