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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (13269)1/30/1999 4:41:00 PM
From: Jerry Olson  Read Replies (1) of 34811
 
Hi Wizzie...

thanks for the take on CPQ...i have to have a read on BRCM...<g>

i'm playing this one into the split...but i just looked at the chart...see if i'm right here...

BRCM RS buy, col X;s DT 1/27, this stock came out of a bullish triangle but BROKE DOWN instead of UP, hit solid support at 114, exploded to 156, on great earnings and the stock split 2-1 effective Feb 18th, option exp week<g>...i love Opp exp week with splits involved..

anyway sitting at 133, which is solid support, a 3 boxer is at 138 and i'm betting it runs to a DT buy at 158 before the split...

watcha think????i'm in options now but looking to add either more or shares for the expected run...

be right back, gotta pick my son up.....TIA.......
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