Stocks with 'Dead Cat Bounce' potential Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks with 'Dead Cat Bounce' potential

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ~digs who wrote (5)	8/5/2001 8:28:24 PM
From: ~digs	Read Replies (1) of 130

PCW: stockcharts.com[h,a]dhclyimy[pc40!c5!d20,2][vc60][iUk34,1,1!La12,26,9!Ll14] This Asian ISP has done nothing but go down since it started trading in the US. I figure its gotta be worth something to somebody. Just printed an interesting candlestick on the weekly chart and has shown some subtle signs of life wrt a reversal. I would play this one as follows: enter below 2.6 and maintain a tight stop near 2.4 or so. Target = gap closure near 3 dollars. So approx 40 cents of potential reward, 20 cents of potential risk. In general, if this ratio is less than 2:1 i will avoid the trade. 3 to 1 plus is preferable.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next