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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (8891)6/28/2005 3:28:29 PM
From: Jibacoa  Read Replies (1) of 23958
 
Sergio

Re:NANX

It seems to have resistance at the 6.75 6.87 before it can test what appears to be heavier resistance above 7 <g> If it can go through those hurdles it could get to test the Feb. H at 8.30

Today is acting well, but so is the general market. However, the highest volume last week was to the upside and today's volume is already higher than yesterday's (The highest volume lately was on May 23 (More than 400Ks) that day it opened at 7 and the intraday H was 7.07 but it closed at 6.69 (the L for the day was 6.40)

The EL for this year is around $0.31/shr vs. $0.36/shr in 2004. For 2006 the EL is around $0.17/shr.

I would hold the stock as long as it stays over 6 (the present intraday support is at 6.10) With some good news you never know , it may get to test its Feb.H at 8.30 <g>

bigcharts.marketwatch.com

I was looking at chart on DRRX before you drew my attention awy.<g>

RAGL

Bernard
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