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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (2802)	12/21/2004 9:25:39 PM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

Yes, there's serious chart resistance at $2.75. It's a bit easier to see on the weekly chart: 139.142.147.218 By the time GERN gets to $2.75, it will be more than ready for a breather. Probably it will consolidate under that, then work on mounting an attack at that overhead. Best case scenario would be a fairly extended base at that level, which will only make a breakout from there all the more sustainable and powerful. If that happens, one way to play it would be to exit around the $2.75 level (assuming it makes it up that high, which I think is likely). Then, place a buy limit order just above wherever immediate overhead turns out to be, and forget about it. Or just use an alert. T