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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE)

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To: TheGodfather (Hijacked) who wrote (163)5/19/1998 11:57:00 AM
From: Steve Kirk  Read Replies (2) of 605
 
Bryan, the stock is going to be in a weak condition for a few days, level out then rally again. The trading pattern appears completely normal and so is the decreased volume. If your in for a trade and can't hold on for a little while unload, you can likely pick it up before it goes up again. You either have to like the story or not if you like it it's an opportunity to buy more, if not then perhaps a sell should be considered.

Immediate Situation

Price volatility is above average. Expect the prices to range from 0.48 to 0.54. Watch for immediate price support in the area of 0.45 to 0.47. Immediate price resistance is indicated in the area of 0.68.

Short Term Trend

The short term trend is bullish. Short term support indicated at 0.39.
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