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Strategies & Market Trends : Lizard King's Trading Swamp

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To: RAW who wrote (5089)3/12/1998 10:49:00 PM
From: TATRADER  Read Replies (2) of 7396
 
RAW, HYBR looks to be filling the gap...There is a lot of overhead at 9.62....I misquoted myself the other day by estimating overhead at wrong side of gap...namely at 7.00-7.50...Stock still looks strong, but you need to have accelerating volume at this point to convince me the attack is for real...Today volume was down a tad....How close you get to filling the gap is a trader question...If volume sinks or you lose momentum on the upswing attack, I would bail at that point..Good luck, you must be another relative of Sandra Lynch, who picked this stock sometime ago on this thread...Regards, Mark
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