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Microcap & Penny Stocks : ROLLING STOCKS

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To: Steve Dunlap who wrote (54)10/9/1996 5:47:00 PM
From: Willsgarden   of 233
 
Steve, first time here but I'm always looking for the good rollers. I discovered that national semi NSM, had a trading range between $12 and $22 although it broke thru resistance this year and hit 30 before it went back to 13 3/8. It's now approaching its first resistance. Watch it.
The low trading on your AUGI is called a "hammer" in canlestick charting, and signifies potential reversal of trend when at the bottom. It shows that the bears couldn't control the bull any longer.Its always reccommended to wait until a supporting sign such as trading below previous close, with a close higher than previous high,totally encompassing previous open and close. I think I said it right.
It seems that all the medium cap semi conductors are perfect for this rolling system, with very little risk if your willing to hold when your timing was off. Normal business cycles, interest rates, and support and resistance benchmarks make this both fun and rewarding.
Bill Monier

PS haven't I seen you somewhere?
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