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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades
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To: Ryan Mak who wrote (449)6/1/2001 2:44:02 PM
From: Jenna  Read Replies (2) of 1227
 
NVLS we called that long yesterday now its closing in a bullish hammer above its 50 day moving average (that 50 day moving average (48.43) was our indication yesterday of important overhead resistance. SO it was called a hold although I don't hold expensive techs now it looks to be headed to take out 51.33 the declining 20 day moving average. I don't see this as a short here with the stochastics at a comfortable 43
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