Technical Trading of Pennies Message Board

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Microcap & Penny Stocks : Technical Trading of Pennies

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To: paul s. who wrote (77)	5/4/1998 1:34:00 PM
From: Gwolf	Read Replies (1) of 478

Paul, I see COII pulling back to the $.75 - $.80 level and finding support there. That looks like a good spot to be a buyer. If that area is penetrated I would look to $.65. The stock broke a L.T. downtrend line at $.65 and has received some T.V. coverage in L.A. that should broaden the support for the company and establish a higher low to start it's next run up. After the move in ENMD it is easy to see that a cure for cancer is a hot market right now. What is your thoughts on buying into the stock after a pullback. Gwolf

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