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Strategies & Market Trends : Charts for Breakout

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To: Julius Wong who started this subject4/22/2002 4:34:12 PM
From: PAUL THOMAS  Read Replies (2) of 3506
 
Julius The NWRE chart shows a descending triangle with lower highs and flat lows over the last nine days since the last breakout.The earnings are due out on Wednesday before the market opens. I added to my position in anticipation of the next leg up.There are a number of comments on todays Yahoo NWRE board that NWRE has been moved from the small cap Nasdaq listing to the National market listing.There was a block buy side buy near the eend of the day of 50,000 shares.This is the largest trade i have seen since I have been following the stock.It may be as a result of the possible relisting by Nasdaq NMS
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