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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (52017)6/30/1999 7:58:00 AM
From: stan s.  Read Replies (2) | Respond to of 90042
 
ATML, I like the chart a lot. You're right it gives up after earnings every time, albeit for relatively small dips.

I'm wondering though, it's been running in a channel of appx. 5 points for months...I wonder if it quickly bangs it's head on 27-28 (kind of has a bit) and fails...it might dip to 22-23 or so and still have time for the run upwards by earnings. Looks like more of a trend line or channel play than a straight line res. and support.

It's a possibility, tough call. I'm gonna try and keep an eye on it.

Nice problem to have though!!

Stan



To: Oral Roberts who wrote (52017)6/30/1999 10:19:00 AM
From: stan s.  Read Replies (1) | Respond to of 90042
 
ATML...this is what I meant, action between the blue lines, 3 weeks before earnings...a few days down a few days up or hug the upper line?
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