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Technology Stocks : Genesis Microchip (GNSS)
GNSS 2.3500.0%3:59 PM EDT
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To: Jane4IceCream who wrote (1239)7/20/2006 2:55:04 PM
From: OldAIMGuy  Read Replies (1) of 1277
 
Good afternoon Jane, I hoped that history would give you a feel for just how much this stock moves around. In general I like to buy in concert with a very low W%R reading and to be selling when it's high.



I don't use W%R to determine the buys or sells, but it's always nice to have some confirmation from a technical source. Here's the chart again for comparison:



Good luck with this holding. As you can see I need to see somewhere in the $15 range before I start taking profits this cycle.

Best regards, Tom
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