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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (91110)9/1/2001 4:19:35 PM
From: cavan  Read Replies (1) | Respond to of 150070
 
OT-World Cup Update! Ireland 1 Netherlands 0 - Nil - Zero OLE OLE OLE Having a couple of Pints of Guinness Tonite! soccernet.com



To: Buckey who wrote (91110)9/3/2001 11:42:11 AM
From: eichler  Read Replies (1) | Respond to of 150070
 
Buckey,
FWIW, I'm in on this one with you. I believe there is an opportunity for rally on this one from a TA basis read of the daily chart. Indicators (Sto, ADX) confirm a rally or possible breakout of the LT Downtrend. Price obviously has been hammered relentlessly to an unreasonably low level provided this one is not going out of business. The volume increase this last week implies an increase of trading interest and opportunity for profit. Using my own idea of 30 EMA on the daily chart, I see potential to re-test the .50 level, the last base from which price deteriorated to the latest round of lows. Perhaps, if some buying pressure re-emerges this week, it could go higher....
Certainly, if an overall market rally ignites, couldn't hurt this stock's prospects. I'm not suggesting a LT position, just ST good % profit opportunity.
home.earthlink.net
Good luck to us all on that one.
Regards,
Eichler