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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (13360)11/17/2005 7:03:52 PM
From: Ken W  Read Replies (3) of 23958
 
Ray

Oh god, here we go again!

stockcharts.com[m,a]daclyyay[dd][pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G

Support at 7.00 to 7.25 and the right shoulder break of a reverse head and shoulders, a gap fill (did I actually say that?) and a moving average crossover. An overhead gap was formed in Sept. at 8.50 that would be my upside target with a short sell at that point back to test the aforementioned support area at 7ish. Given the present, nearly overbought condition of the STOCH's and RSI I'd say this was a pretty safe bet with stops on the long side at 6.50 and on the short side at 9.00.

I've not read anything about the company, read any message boards and barely know what their business is...just the charts man!!
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