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Strategies & Market Trends : Three Amigos Stock Thread

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To: scouser who wrote (14653)3/23/1999 1:08:00 AM
From: Ken W  Read Replies (1) of 29382
 
John,

CHS chart is looking very nice at this point. The longer term MACD crossover is a good indication of higher prices. The stock needs to go over 2.50 at this point in order to move on up to the 4ish area, but it looks like very little resistance there then bang from there.

If it does not hold the present level of 2 the next support level to the down side is 1.87. This could develop into a trading range for now unless something comes along to drive the price higher. The FA on the stock is very attractive, but needs some sexiness to it to make it goooooooooooo.

Ken
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