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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject9/27/2000 4:05:57 PM
From: Kracko  Read Replies (1) of 100058
 
Can someone look at ARBA for me please and tell me where you think it's going? I got stopped out of my position today because I moved my stop up from 139 to 149. I know I profited but *gulp* I really like this stock. I'm not complaining. I just trying to figure out where/when to get back into it.

I can't tell where the chart is pointing to as my emotions are clouding my judgement. It looks like it double topped to me and it broke a handle pattern that was developing. The next level of support seems to be 140 and after that 90. Am I seeing things or am I reading things properly?

Any insights would be greatly appreciated.
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