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Strategies & Market Trends : Point and Figure Charting

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To: IRWIN JAMES FRANKEL who wrote (1784)3/15/1998 8:27:00 PM
From: lobster  Read Replies (2) of 34809
 
IJF,

In hindsight, ICN looks like a great buy for you. However from a technical side, I would not add to or create a new position in this stock. It is overextended in a major way and the reward does not justify the risk. Better opportunity lies elsewhere.

Remember, this is my opinion only. Why do you like it from a technical side be it PnF or any other form of TA?

Later,

Lobster
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