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Strategies & Market Trends : Charts for Breakout

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To: Julius Wong who started this subject	4/15/2002 7:41:33 PM
From: PAUL THOMAS	Read Replies (1) of 3506

eOne of the chart reading services I use postulates there is little overhead resistance if NWRE moves above 11.04.This would be a 6.1% gain and might happen within 3 days.The service says that NWRE COULD THEN BREAKOUT UP TO 13.78 OR a 25% move.The earnings are due out in 6 trading days.I am not expecting Earnings to exceed the .06$ per share forecast by the one analyst.The conference call next quarter outlook however could provide the stimulus.NWRE will release earnings before the market opens and the conference call is at 10 A.M.on 4/24.

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