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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (1268)6/30/1998 7:05:00 PM
From: Grantcw  Read Replies (1) of 1720
 
[CUBE]

Rainier,

I'd appreciate you, or others on this thread, taking a look at CUBE. It's the established leader in DVD-Rom chip sales (same market as my other fave SIGM), which will hopefully take off later this year.

The stock price has revisited lows of the year recently but bounced off nicely. Looks to have maybe broken the intermediate downtrend also. Candles don't look too good though for buying just yet. Long black bar shows resistance at 20 and last two days have attempted to rally but were sold off.

Opinions?

Grant

No position yet, but looking.

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