SI
SI
discoversearch

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 : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (4982)9/30/1999 2:12:00 PM
From: Pete Mimmack  Read Replies (1) | Respond to of 39683
 
Guess it depends on your holding period. That weekly chart suggests support around 12 (I believe the red line is 20 ema) and the falling volume on this 3-week pullback suggests a bull flag. There may be others with sell stops at 13 (integral number) that would cause it to drop abruptly into the 12s at which point it might find support from the longer-term crowd.

Pete