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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (296)8/13/1998 12:17:00 PM
From: MskiHntr  Read Replies (2) of 7247
 
Tim, Here's another you might want to check out...IVX (Ivax Corp)

Recently reported its first earnings in moons, had a nice run from the beginning of the year thru May...been consolidating the gain in a sideways pattern, a close over 8 15/16 will be a one month 'new' high close. A close over 9 1/16 will be a close over the 50 day M.A.
Postion: Long @ 9 1/16 STP @ 8 1/2 Potential target to May's highs of 10 1/4-10 3/4
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