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Microcap & Penny Stocks : ABTX - Agribiotech

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To: Lucky who wrote (1275)12/12/1997 8:19:00 PM
From: cocoam  Read Replies (1) of 8359
 
Lucky,
Twas I who tossed out the TA re a pullback to 12. However, Glen is right when he says the flagpole of which I spoke, has yet to see it's top. If you are very nimble, you probably will make a couple of bucks early Monday. I would put in a standing buy order before the market opens and then glue myself to the screen. If you get a pullback, it will be sooner than later. Don't forget, shorts will be covering, too. With this additional runup to near 16, my pullback is hereby revised to approximately 13 (that's a 50% retracement via a pennant). If Barron's puts anything in tomorrow's edition, you could get quickly burned. Never stand in front of a speeding train!
Good Luck

CocoaM
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