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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (2009)2/1/2002 10:39:52 AM
From: Dave Gore  Respond to of 16631
 
NEW WATCH LIST STOCK - ***AMGN*** Another patterned, trading range stock.

Twice in the last 2 weeks this stock has bounced at $54+ to $57. It is becoming patterned like GD was before it broke out.

I love these patterned stocks. The more they hold the more they are a self-fulfilling prophecy to attract buyers and sellers at the low and high of the range.

I mentioned AMAT yesterday. You can almost "auto-buy" under $40 and sell near $43-44.

If anybody else notices these type stocks, please let me know by PM or preferably on the thread.