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Microcap & Penny Stocks : ROLLING STOCKS

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To: Salim Ilmudeen who wrote (43)9/26/1996 7:00:00 AM
From: Steve Dunlap   of 233
 
I haven't yet found a chart with a pattern that "rolls" over a long
time. Several though that adopt that pattern for a few cycles
so far. Another that might be worth checking is AUGI.
While everyone waits for the big announcements that will (of course)
drive the chart "off the chart", AUGI seems to have just hit the
low of it's 3rd cycle. It's in a slight uptrend and since July it's
rolled between 5.75 and 7, 6 and 7.5 and now it has just touched
the edge of the same channel at 6.44. If it stays in the same channel
it will touch the upper edge in 10 days or so at about 7.75.
That is unless the long, long, long awaited announcement arrives!
I've been in AUGI since May and missed my chance to collect at the
top. Hopefully the top of this cycle will make me whole again.
Enjoy and prosper!
Steve
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