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Strategies & Market Trends : Attitude Small Stock Discussion

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To: Harold who wrote (309)12/4/1997 12:50:00 PM
From: James Strauss  Read Replies (2) of 385
 
FBAR....

>>>FBAR up 20% good news release, is this a breakout?<<<
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Harold:

We have a short term breakout above 1.30... An intermediate term breakout above 1.88...

Current price is 1.50 on greater than average volume... This is at least a short term breakout until we test 1.88... A break above there can take the stock to the 3.00 range...

The Caveat... Comp store sales were down... Not a good sign for a retailer...

Jim
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