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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Garlic Breath who wrote (46545)12/23/2005 8:03:29 AM
From: Doug R  Read Replies (4) of 79180
 
Steve,

The recent XSNX volume shows some interest lately.
Price is sitting on the 50 dMA with a bit of downside bias right now so entry here could be tricky. Best case would be a drop below the 50 and a base from which it begins a move up.
Then it would just be a matter of stop management.
If the company does capitalize on their product in any significant way there would be plenty of time to participate.

Doug R
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