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


To: Jill who wrote (7683)4/12/2005 12:17:08 AM
From: Walkingshadow  Respond to of 8752
 
Yes, besides the stops, probably a lot of buy limits were triggered, since RSTG got pushed all the way down to chart support and lower:

stockcharts.com[h,a]daclyyay[da][pb40!b20][vc60]&pref=G

Seems to me there were a couple of volume surges at about 32 in a region of chart support after the breakout, and again about the time the $26 level was breached (briefly):

139.142.147.22

T



To: Jill who wrote (7683)4/12/2005 12:26:44 AM
From: Walkingshadow  Respond to of 8752
 
I wonder if this is a harbinger.....

DNA beats the street by $0.04 on EPS, revenues are up 50% y/y, and totaled $1.46 billion vs. consensus $1.37 billion---and the stock trades down in afterhours? They think that's bad news?

A software company (OTEX) warned and got roughed up pretty bad, too. PEGS down about 2% after a warning after the close as well.

T