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Non-Tech : Gymboree "GYMB"

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To: Stephen McCullough who wrote (95)5/31/1998 9:31:00 PM
From: Ron McKinnon  Read Replies (1) of 189
 
Steve

I'm not sure that there will be any near term fundamental to pop this baby but that chart is starting to look like a true base is in the process of forming.

If it breaks down below 15 I may bail for a bit (unless the sell off is market related, not stock related) and a move above 16-16.25 that holds may signal a add buy for me.

I will average up for sure with a move above a few moving averages and >> 18/20should trigger tons of t/A signals.

My near term plan is to hold a core position and take 1/2++ flips on a piece or two. It might be one to play over and over again for some time but time will tell.
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