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Strategies & Market Trends : Attitude Small Stock Discussion

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To: Ken W who wrote (232)11/14/1997 1:41:00 PM
From: James Strauss  Read Replies (2) of 385
 
BUKS...

>>>BTW BUKS is making a hard run at it's 1 3/16 resist. Ask is at 1 7/32. I believe 1 7/8 you mentioned was the next hard spot. Also joined you on NURS this morning.<<<
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Ken:

While the moneyflow is positive, the volume isn't powerful enough for a sustained move above the 1 3/16 to 1 1/4 area... We would need to see some volume of at least twice the daily average to see some conviction among the buyers to take BUKS to the next price plateau...

Jim
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