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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (3051)7/10/2000 8:05:39 AM
From: Steve Lee  Read Replies (1) of 30051
 
A very useful list Zeev. Thanks for sharing that.

I would add SNDK to your fallen angels list. If it breaks above $65, then it will have completed a high volume bottom started on 19th May. This is not to say it is a buy now, as it is still below that $65 level. I think you have your target buying range between $62 and $63 based on previous support? My $65 figure comes from the level it was at before the high volume drop on 19 May.
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