Silicon Investor (SI) -- The First Internet Community

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 : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: fishweed who wrote (8372)	6/17/1999 2:40:00 PM
From: Kevin Shea	Respond to of 57584

AGTX; entered long; AGTX a stock that I have been in and out of twice to date (see previous posts)... I exited on the recent high volume day and waited for it to return to " a better position". That position, for me, is today... AGTX is bouncing on a rising trendline from 4/23... on trends such as this it is best to buy the dips back to the trendline.. a positive move in the 60 min chart confirms shift...Since AGFTX did not return to support at 11.5-11.6, it would indicate that buyers came in faster in order not to "miss"... volume has dropped off which is typical of mid-advance triangle patterns...Weekly direction is still up.... - a break downward from here is still always possible and if it does it may seek the 50dMA at 11.5 or so. - an upward break may send AGTX into the 16.5 -17.5 range Of course this is only my opinion, and it is up to each investor to make decisions based on their own DD.