Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (4744)	8/29/2000 3:47:45 PM
From: Logain Ablar	Read Replies (1) of 30051

Zeev: Clueless on Bindwiew but the PnF chart indicates $7 may be the bottom with resistance @ $9.5. RMBS - Printing $76 would be a double bottom break (should be the stop for any trade) and while it came close today this isn't horseshoes, with the next support @ $69 (weak at best but the bullish support line should be in this range by the time the stock gets there. I see solid support @ $63 and would not expect the stock to get to that level. I see resistance @ $85 - 86 area. Tim

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