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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Capt who wrote (18238)12/23/2003 5:33:32 AM
From: Larry S.  Read Replies (2) | Respond to of 78715
 
BRCD has established some strong support, with higher lows, and, in fact, higher highs. Filling the gap between 6.4 and 7.1 or so is still a ways away, imo. Still has to trade successfully above the 200 DMA. MACD and Stochastics are constructive. If the stock can trade above 6.5 or so, it should both be able to fill the gap and take the previous high of 8.28. you put up a 1 yr chart, the 2 year chart indicates to me we are still in base building mode: stockcharts.com[m,a]daolyiay[de][pb50!b200!f][vc60][iUb14!Lw25]&pref=G JMHO. this opinion and 75 cents gets you a krispy kreme donut! larry



To: Capt who wrote (18238)12/23/2003 10:03:33 PM
From: Madharry  Read Replies (2) | Respond to of 78715
 
I dont know much about gaps but I took a starter position in Brocade today- based on the following- book value/market cap of slightly over 2, significant insider buying awhile back, 3. getting kicked out of the nasdaq 100 index.


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