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Strategies & Market Trends : Charts for Breakout

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To: herry iball who wrote (687)	8/25/2000 2:27:44 PM
From: Golf Pro6	Read Replies (1) of 3506

I'm not really impressed with the follow through either, especially after it traded up to $1.75 in the pre-market. Often stocks head-fake before they make a genuine breakout, with those in the know cleaning out the uninformed masses. Hopefully that is what we are seeing today, on the other hand there certainly do seem to be alot of sellers at these rather paltry levels. I would have expected the stock to consolidate over $1, maybe it will still do that. We will have to see, TRP seems to be continuing its prior breakout, long-term charts are becoming very positive. GP6

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