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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE -- Ignore unavailable to you. Want to Upgrade?


To: Stew who wrote (3369)7/30/1999 2:55:00 PM
From: Paul Marut  Read Replies (2) | Respond to of 4605
 
What's not to believe? While you may be disappointed in the stock price, you shouldn't be surprised. Look at a two year chart. The only long term support has been in the $1.10-1.20 range while the temporary highs have been getting lower and lower over that time, resulting in a long term flag pattern. We won't be going much higher until we can break that upper trend line, which could happen with some pleasant surprises.

As the first TA book I ever read said, "The bigger the base the higher the rise." Well, we've been building this base for almost a year and a half, so I look forward to a big move when it happens.