Ask Mohan about the Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tommaso who wrote (9207)	11/24/1997 2:20:00 PM
From: vegetarian	Read Replies (1) of 18056

>>Time to buy? ABX near its 12-month low. ABX has broken through the rectangular consolidation between 20-25 on the downside which indicates a possible downside of upto 15 so still shortable for a few points on the downside. In any case it will need to do some sort of basing before it take off and that will provide plenty of opportunity to buy then; of course, one could think of the rectangular consolidation as bottoming but unfortunately it has broken on the down side and not on the upside so this could happen again and is a risk. It may be a bit early to buy unless the horizon is quite long.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next