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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Suresh who wrote (37981)8/9/2002 2:59:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 69260
 
Suresh:

Maybe elx gets a bounce today but the PnF chart looks like a move to the $12 area. It has great swings if you can trade it.

Still think both stocks move lower unless the whole naz rises.



To: Suresh who wrote (37981)8/12/2002 10:28:18 AM
From: Logain Ablar  Read Replies (2) | Respond to of 69260
 
Suresh:

Just went long elx but its just a day trade. will sell if it breaks 14.5. With broken momentum I don't see it moving above 18.5 for a while and still see downside of 12 area. The 14 to 15 area is old support area broken last year.


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