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Strategies & Market Trends : LastShadow's Position Trading

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To: Minos who wrote (10668)3/17/1999 10:05:00 AM
From: LastShadow  Read Replies (1) of 43080
 
ZD

I'd be a little hesitant to add right now. From the look of the chart, ZD has a hisory of gapping and then settling back a bit for a few days before returning the climb. I would look to add if it retraces to the $24 level and stays there. Don't chase it if it continues up this morning. however, if it starts to form an ascending pennant like it did about 5 days ago (intraday) then I would add for the next jump up.

ls
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