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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (10311)10/3/2005 11:40:34 PM
From: The Ox  Read Replies (1) | Respond to of 13403
 
OT:
So far, so good. From a very short term perspective, it looks like we both timed our buys (my last, your first) at the last possible "decent" entry point on the 26th while the stock was still basing.

The stock has been slowly, yet steadily rising ever since. It's way too early to get excited but the basing period looks solid and the reaction since has been very positive. Depending on your style, you may want to start setting a 'mental' stop loss target, which would rise as the stock rises. The gain is now over 5% in six trading days since we bought and I don't want to give much of that away.

Of course, deciding on a sell point depends on whether or not you can watch the trading, what your time frame was when you bought or if you had a minimal gain in mind. The 25 day chart suggests plenty of upside but the fact remains that the company warned the street not too long ago about a push out in a few orders. Earnings are not too far away so you/we will have to decide whether or not to weather the potential earnings storm or bail before hand.

stockcharts.com[r,a]hacayyay[d25][pd20,2!b50!b20!f][vc60][iUp34,1,9!Lb14][J22223395,Y]&pref=G