LastShadow's Position Trading Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : LastShadow's Position Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jay Lyons who wrote (8006)	2/8/1999 9:21:00 AM
From: LastShadow	Read Replies (2) of 43080

NM It has erratic volume, and as such is a little harder to guesstimate. however, it is still in a downtrend positionally, and would need to close above 8.625 with some volume to be a technical buy. As for the local resistance levels, 7 is the short term, but the mid term saysit cold still retrench to fill the gap. I don't know the stock, but mid-98 this was a $1 stock, and the increase in price was accompanied by some huge intrday spreads - that speaks to trading action and mm activity more than valuation increase. Still, the Street.com does ifluence local and day plays, so might be worht watching for entry or gap play. ls

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next