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Strategies & Market Trends : Yeehaw candidates short-term picks

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To: lostmymoney who wrote (44)12/5/2003 2:13:46 PM
From: Ken W  Read Replies (1) of 466
 
Mike

Here is a pick-ture for you.

stockcharts.com[m,a]daolyyay[pb50!c13][vc60][iUb14!Li14,3]&pref=G

Yesterday's 13dEMA was 2.16 (tested and held) on low volume. Today's 13dEMA is 2.18 (holding so far) even after the friggin MM's got a whopping 400 shared done to 2.10..there was a 16k+ order at 2.12 then at 2.14 and 2.18..he finally go filled at 2.20 (okay I rode his order a little.) The RSI has turned up as well as a short term positive crossover in the stoch's. All this makes a short term target in the high 2.30's or low 2.40's over the next few days (strictly on at TA basis). Some positive news could take the stock to 1.50's/1.60s..Downside is 1.00...soooooooooooooooo upside risk/reward ratio is better the upside. IMO

Ken
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