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Technology Stocks : Orbital science (ORB)

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To: Michael P. Michaud who wrote (728)1/18/1998 9:25:00 AM
From: SirAlexx  Read Replies (3) of 2394
 
Considering the weakness in the market, stocks with bullish breakouts like ORBI's may not have the retracements being called for here. This is more likely to accelerate on the upside, rather than allow the slow to join the bandwagon on a selloff. I wouldn't expect to see that now that the breakout has held the higher ground. All dips are a buy until proven otherwise.

Disclaimer:

This is not to be taken as a solicitation to buy or sell this or any other security. This is strictly an opinion based on personal observations of the technical picture of this stock and is in no way a fundamental overview or recommendation to buy or sell.
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