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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: sandintoes who wrote (7300)4/3/2005 3:29:37 PM
From: Venditâ„¢  Read Replies (1) of 8752
 
Support is at 3.75. The stock broke-out at that level and should re-test it on Monday - Tuesday.

139.142.147.218

If 3.75 holds then the stock would become a buy and hold as long as it stayed ABOVE 3.75. Buying it as it bounces off of 3.75 intra-day is the trick. Placing a stop loss after entry is step two.

If support fails at 3.75 then the plan fails and you don't enter.
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