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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (28685)6/10/2002 10:56:15 AM
From: Ken W  Read Replies (2) of 29382
 
Hi Joe,

I was wondering what had happened to you! Thanks for the thoughts. The next 20 should be real interesting...lol

CRV Looking at the daily and weekly chart looks like it needs some serious consolidaton here. The stock has had a heck of a run from 1.50 to over 3.00...as usual, too much too fast. Volume is dropping off, with the typical slow sell down.

stockcharts.com[m,a]daolyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G

The stock needs to hold over 3.00 on a weekly basis, but most likely will not do that. If you are trading it, wait for the 50dMA to be tested.

Ken
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