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Strategies & Market Trends : Charts for Bottom Breakout

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To: xbrent who wrote (1604)3/19/1998 3:10:00 PM
From: Ed Huang  Read Replies (1) of 3105
 
Xbrent, Thanks for the comments, and welcome aboard! I'm
still in the process of learning. I like to see everyone in this
thread inform and help each other out.

I have recently followed a couple of stocks in the list you just
mentioned. ZE seems to have moved out from the downtrend,
but I found quite a lot of eager sellers a few days ago when I
traded it. It probably needs some consolidation in the near term.
I mentioned GVIL as well a few weeks ago. But I missed the
great action last week when it moved from 1 to 2. I'll take a
look at the other stock you mentioned.

Right now, oil sector is worth to follow, IMO. I think the oil price
is close to bottom, so are the oil stocks. The few I have been
following are: OIL MDCO AIPN. If we can time the charts
properly, we may do well with them.

Good trading.
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