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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: Feraldo who wrote (6152)12/20/2001 12:47:40 AM
From: Carl Worth  Read Replies (1) | Respond to of 6445
 
actually MOVI has consolidated its run pretty well and is still just barely coming off oversold, looks like it has a few bucks in it at least from here..IMHO of course <g>

FLWS looks good for tomorrow over 16.50

another one looking good is TTMI

FWHT looks like it could try for 7, probably a couple hundred thousand shares worth of resistance from here to 6.50, then pretty much blue sky, could even run to 8 based on the chart but it would probably take some good news or a whole bunch of volume to get it there without pulling back first...it's always hard to know when to sell something that is moving nicely, one of the best strategies in my experience is to watch a chart intraday and keep a moving stock under the last pullback or the uptrend line....either that or just pick a target price where you are happy with the gain and set a limit there while still maintaining a stop just in case (ameritrade probably doesn't let you have two orders on the same stock though, that is one thing that is nice about brown)....this one reverses in a hurry so don't stay too long

carl