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Technology Stocks : Safeguard Scientifics SFE
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To: michael r potter who wrote (2284)2/24/1999 9:34:00 AM
From: Allan Harris  Read Replies (1) of 4467
 
A close above 41.5 would constitute a breakout above the downward sloping Wave 4 trend regression channel. Target for Wave 5 is 65. Stop should be a close under 35. Thus, Risk is about 7, Reward is about 23, for about a 3:1 Reward:Risk ratio.

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