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Strategies & Market Trends : Strong Industry Groups - Strong Stocks
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To: DanWebzster who wrote (1320)11/21/2002 1:40:53 AM
From: Sam Raven   of 1567
 
Thanks Dan. This was the origin of that trade, in case you didn't see this: Message 18055756

I like TSA, technically just broke out of a cup/handle. Fundamentals should support a rise too. So, just looking at the chart, I'd look for support and potential buy at around 6.50. I suspect it will hit some resistance at around 7.38 (that could happen before the a test of 6.50), but I'll go out on a limb and look for a run to 9 after 7.60 gets digested....gulp.

Now, regardless what I said above, keep a stop and don't use my read as a reason to hold a losing position. You never know for sure.

Good luck with it, I'll keep my eye on it and if you don't mind I might pick some up if I see the opportunity.

Sam
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