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


To: brogan who wrote (23640)1/28/2001 2:09:20 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Doc,

XTEL entry...the stock is just a little bit ahead of itself right now and needs to test the lower moving average. IMO until the 50 crosses over the 200dMA it will base between mid 4 and 5...but then I've been totally wrong lately. LOL

I'm going to put in a GTC order at 4 3/8 and see what happens. The long term potential is high 6 to low 7's as the head and shoulders downtrend was broken last week. That base line should become support now and the launch pad up. The short term STOCH's are presently overbought thus my thought that it must test that support level.

Ken