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Non-Tech : PERFUMANIA.COM . . PRFM . . .FOR LONGS ONLY

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To: Huang Chang-Fu who wrote (1180)1/30/1999 2:42:00 PM
From: Mark[ox5]  Read Replies (1) of 2489
 
For those who use any TA at all:

PRFM 5 day moving average support is $10 which the MMs drove the price down to in the last hour... this is very healthy (and im saying that in an unbiased way) because now PRFM has backfilled all its gaps (which is bullish) & a sign I look for when starting a new position in any stock.

20 day support is right above $7, any drop below that would be a time to get out....but PRFM has not violated that line once since it began its run up a month ago

Mark

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