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Strategies & Market Trends : Flat-Base Breakouts on Heavier than Normal Volume
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To: DD™ who wrote ()6/9/1998 4:02:00 PM
From: rakitup   of 34
 
Virgil, Summit Technology might be worth a look. It traded as high
as 37 in 1995, and hit its low this past Jan. Since then it has formed
a 1-2-3 (thirteen wk)low. If it closes for four sessions above the
recent $6 high in a uptrend for each session (taking out the two of the
1-2-3) I would be a buyer but I would place a stop loss sell order at
just below the one to limit my risk. I didn't do any due diligence on
this firm, and know little about it..I just looked at the charts.

Rak up a winner.
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