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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Sam Quentin who wrote (30177)4/25/2000 4:49:00 PM
From: Rich1  Respond to of 63513
 
Message #30177 from Sam Quentin at Apr 25, 2000 4:41 PM ET
Jan,

I'm having a difficult time determining the support lines for PHCM. Can you help.

TIA
Sam

$49 breaks a DB. $144 a double top.Support $104??? I think.



To: Sam Quentin who wrote (30177)4/26/2000 11:10:00 AM
From: Ms. X  Read Replies (1) | Respond to of 63513
 
PHCM looks to reverse down today which may set up a closer stop for you. The major support is obvious but too far down to enter a trade here because of the risk reward. If it does reverse down here wait for a reversal back up setting your short term stop.

Hope that makes sense :-)