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Strategies & Market Trends : The picks
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To: Trader X who wrote (4689)2/11/1997 7:05:00 PM
From: SMF   of 6124
 
Kevin-would you do me a favor & check the chart on Amrion (AMRI)? This is a nutraceutical company that I bought into @ 22 in December. It took a hit at the end of January because it chose not to merge with another (unnamed)company, but all the news has, otherwise, been extremely positive. Not being into TA, but following your example, it looks to me as if the chart for the last six months has been a series of cups and handles--but it has been drifting down lately (albeit on uneven volume with considerable volatility). Your feedback would be appreciated. Thanks. Steve.
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