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Gold/Mining/Energy : Stillwater Mining (PGMS) - pure platinum/palladium play

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To: alan holman who wrote (157)6/8/1997 4:09:00 PM
From: TATRADER   of 182
 
alan, i may be wrong, but I feel this stock is going to grind its way to $30.00 a share...That is my 3 month short-term target...I have given my reasons for this target many weeks ago on this thread...When a stock gets to my target, I usually sell, but I will have to study the market at that point to determine my strategy....You now have major support in the 23-23.50 area....This time I think the top of the rectangle pattern should hold...WE have a cushion there...Obviously, this would be the best place to buy....And with my oscillator divergence, the pullback to the 23.50 area could indeed occur...You need to set up your own disciplines of when you buy or sell a stock....Otherwise, you will end up buying on emotion, and emotion will destroy you in the market....Regards, Mark
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