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 : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (22537)3/29/2000 1:07:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
took a peek at wcom for ya.. daily looks like it "should bottom".. but on a weekly, it just looks so weak..

i feel that if it doesn't start moving back up, it will hit this WEEKLY trendline... to plot, use lows of : 5/9/97, 1/16/98 area, low of 10/2/98, and extend.

basically, 38-40 area.

i also see volume is picking up over the last 2-3 weeks.

summary: has to hold 41, or else maybe 38-40.. if we can get it at 38-40 that would be a good low risk entry (hoping that weekly trendline will give it a bounce).

tricky chart to read... i put it on my watch list on my computer tomorrow.



To: Lee Lichterman III who wrote (22537)3/29/2000 5:04:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
[wcom]

called wcom company today, and i recall it was april 19 earnings date.

tricky market today.. i got suckered into the yahoo when the market made its typical late day turnaround.

NOT this time.... <gggg>

DRUGS and retail faired a lot better.