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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (446)11/20/2002 2:35:10 PM
From: Jibacoa  Read Replies (2) of 1404
 
SFE Is up 11.59& with volume now 286,600

Will see if it can close above the November 8 H of 1.92. After that the next hurdle will be the August 23-August26 double top at the 1.98 level.

The stock has been selling at 0.60 of book and 0.12 of sales and has $3.53 cash/share. (P/C= 0.46)

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From a longer term perspective the R/R appears favorable at present levels.<g>

siliconinvestor.com

The analysts "target price for the next 12 months is $4, which would be more than a 100% gain from present levels.

The PSML data on SFE at present: 1.85 1.71 1.58 & 1.42 (The averages are on the right sequence and the stock is on a near term UPTREND <g>)

Caveat: I am long on SFE.<g>

Bernard
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