SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Charts for Quick CASH $$$

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Galirayo who wrote (7587)5/2/1998 8:19:00 AM
From: Susan Saline  Read Replies (1) of 9262
 
>>>WAST ] R.Dave.

>>>A Beeeutiful Chart.

hi ya'll, here's my 2 cents

Strategy
....no volume increase, means some resistance here

appears to be a "better" stock for monthly "trading"

for a longer hold (6 months to a yr), buy stop 2 9/16, buy only at the ask on ut's.
sell on ANY sign of Large sells, cause that will mean it's hitting resistance and will fall back to support at 2 to 2 1/8.

If weak the next few trading days, probably will not breakout, but fall back to it's support.

The reason I say it may not break through is the triple top giving much resistance...therefore buy stop 9/16 ... stop loss at 3/8, in case the breakout is a fakeout.

Are the fundamentals good or poor....that makes a difference also.

sue
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext