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Strategies & Market Trends : Charts for Quick CASH $$$

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To: taxikid who wrote (5368)12/12/1997 12:56:00 PM
From: Galirayo  Read Replies (1) of 9262
 
Taxi, I'm looking at CREAF.

I'm as shocked as you. I thought it had found support on the 200DMA on 12/05.

Yesterday it went thru the 200. It needs to go back up thru it now or the 200 will become resistance. It's near 19.25.

I don't know what to guess now. It should be finding some support here near 16.50 16.62. I'm going back to the consolidation that occured near 6/24 to 7/02.

But I still don't have a solid guess. Let's see if it holds here. Damn the PE is now in the 6's.

Let me know when you think it's a good time buy more.

Ray
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