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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (17136)7/13/1999 8:34:00 PM
From: ynot  Read Replies (1) | Respond to of 43080
 
Candlestick Patters-hourly,daily or weekly? TIA eom ynot ;)



To: LastShadow who wrote (17136)7/13/1999 9:00:00 PM
From: Dave Shares  Respond to of 43080
 
Position Trade Candidates

SDRC 19 1/2

Entry at 20 would be recommended, as this is
a point and figure breakout point. No price
objective established yet, although the minimum
objective would be mid-20s

SUT 26

Entry can be made here, with some risk, as
stock is still in downtrend. Downtrend does
not look to be broken until 28-28 1/2 range.
In any event, I would not hold position if
24 is broken to the downside. Price objective
here is 41.

David