Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Dave Shares who wrote (14199)	9/8/1998 6:46:00 PM
From: Judy	Read Replies (1) of 120523

David, I have not traded SEBL nor do I follow the stock. But FWIW my sense is there is overhead supply at 27-28 so the stock would have a difficult time going higher unless there is some fundamental news that you know of. If SEBL manages to close at 27 1/2 higher, strike 30 may be within reach on an intraday basis. But when the NAZ sells off again the small caps will get hit hard. You might consider setting a trailing stop to protect, moving the stop up if the stock moves up. Good luck. It appears you went long before seeing whether SEBL would hold on the third test of the 200-day ema.

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