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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Spreck who wrote (106)	5/17/2001 7:00:00 PM
From: Vendit™	Read Replies (1) of 8752

Hi Spreck SCMR fell below it's lower trend line yesterday after forming a bottom marker candle on Tuesday. The full open candle has short term bull written all over it although MACD (red bars) are shallow off the zero neutral line so not much momentum without some sort of news release in the next few days. askresearch.com Another interesting point is that it closed today precisely under the lower trend line which is located at $10. A look at pre-market would be worth watching if you want to protect profits. I've been using stops many times when I position trade. Short term support is at $10 and then again at $9 1/4. askresearch.com

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