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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (50042)12/12/2003 2:31:48 PM
From: Larry S.  Read Replies (1) | Respond to of 53068
 
SNPS - shortie: stockcharts.com[h,a]daclyiay[pb200!b50!f][vc60][iut!Lh14,3!La12,26,9]&pref=G
2 yr: stockcharts.com[h,a]daclyiay[de][pb200!b50!f][vc60][iut!Lh14,3!La12,26,9]&pref=G
okay, absolutely nothing on fundamentals:
on shortie chart:
higher lows, heavy duty wall at 35, great support on 200 DMA, 50 dma turning up now. stochastics flashing warning signs.
stock likely to stall at 35 wall, and do retest to 30 area, then if market stays strong, should make a run up thru 35 and take off.
2 year: more of the same. this stock reversed big time in feb 03, chart is looking healthy with 200 dma providing major support where before it was resistance. nice that it came down in october 03 pretty much to the previous high before the reversal/breakout.
so what do they do? larry