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Strategies & Market Trends : Temp. Home of Cooperative Group-Trading -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (245)6/18/1999 11:48:00 AM
From: Eric P  Read Replies (2) | Respond to of 790
 
Lam Research is making an excellent breakout today on heavy volume:
bigcharts.com

It hit a high today at 41 1/4 after a brokerage upgrade. Since then, it has pulled back to support at 40 to 40 3/8. I just entered a long position at 40 1/2. If it can hold above 40 and close strong later today, it should have a nice gain on the open Monday as all of the Weekend Warriors see the breakout during their weekend stock study.

-Eric