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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (9317)	2/5/2001 10:03:29 PM
From: Trumptown	Respond to of 11130

OTWO - looks like it's hitting resistance now...may take some around $11 though... SR

To: ChrisJP who wrote (9317)	2/6/2001 2:11:29 AM
From: Bernard Ng	Read Replies (1) \| Respond to of 11130

TDSC, the chart is a bit wishy-washy (a breakout wannabe with a bearish pattern)... I will say if it can break $12.5, the downtrend will change... or at least we can get a one day up MOMO here LOL. It's holding a resistance at $10.5, if it somehow drops thru it, then it's a strong short. Chart said something is up, so I hope it can do a breakout at $12.5. Look for a resistance at $13.5 though. OTWO, agreed, a pullback to $11 or $10.5 is "unavoidable".. but don't quote me on this LOL. Analysts rate them as buy only? That means it's a hold or a sell? That's what I read from my trading dictionary :-) Bernard