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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: EGGSHAPE who wrote (29239)11/16/2002 12:19:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Ed, Sergio etc.

Going to start some trading money in SUNW this next week. The daily chart is looking a bit overbought, but the weekly is showing some nice uptrending trades to be had.

siliconinvestor.com

I've been watching the stock (as has Jorge) since mid two's, but was shy of it going lower. However, the daily is now above the 50dMA, the 200dMA in the high 6 spot. Buying as close to 3 as possible would potentially nearly double by mid Jan. or some fast 15 to 20% swing trades each week would be nice too.

I do own the stock in the grandkids accounts (at much higher prices) with a longer term hold.

Ken