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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (21874)	11/9/2000 12:31:26 AM
From: Ken W	Read Replies (1) \| Respond to of 29382

Joe: I'll attempt a stab at GOAM, maybe Ray or Sergio (George!) will take a peek at OMNY. GOAM: Has a long channel from 9 up to all of the tops near 12. The shorter term uptrend (very steep) is coming down to retest 9ish ( 50dMA is at 9.50). If the stock holds the 50day and the flat support line of the bottom channel then she is good to go back to the top of the long channel. I'd call this one more of a roller than anything. Only thing that bothers me is the gap down below that has not been filled. It is big enough that it may have to be filled. Hope this helps and I'll keep an eye on it too. Ken