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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (7072)1/12/2006 9:58:25 AM
From: chowder  Read Replies (2) of 13449
 
Re: ANSS ... WOW! This was a great set up. This message is linked to the original analysis. As I said in that analysis, when going counter trend, make sure you have a compelling case to do so. ANSS was a compelling case.

In one day ANSS has reversed, as expected and hit the price target of $1.50 per share, up 4.1% in one day.

I am still in the trade and setting a stop at $37.75.

stockcharts.com[h,a]daclyiay[d20051012,20060112][pb20!f][vc60][iut!Lc20]&pref=G

dabum
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