I just added (bought) ALSC at $ 7 1/2-5/8 yesterday, as another "depressed "PSYCLE sm" long idea, with stop below very recent low,
for a pop at least....it also fits the "pullback after previous rise" scenario technically, as you know I had it also, long, earlier 1997 from around $ 7. up, back then, before big rise....last, several other depressed Techs may be forming "exhaustion bottoms" here and are worth watching, like, KMAG, PCTL, even CVN maybe ? probably others as well.... will know more when I see new charts Sunday...holding above avg. cash, after selling decent Puts recently....just thought you'd want to know on ALSC again....best wishes, till next time, hope you are also doing well.... |
