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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?


To: amoezzi who wrote (6155)11/15/2005 1:05:18 PM
From: chowder  Read Replies (1) | Respond to of 13449
 
Sorry Amoezzi, I forgot. Thanks for reminding me.

MOT looks like it wants to test the 50 day moving average. It needs another day or two to settle down and then take another look at it.

There are some who like to anticipate entries. They would look to enter MOT a few cents above the 50 day moving average with a stop just below it.

I prefer to buy above a previous day's high. That could come tomorrow or it may take a few days. This analysis would apply for a short or intermediate term trade based on where price is today.

stockcharts.com[h,a]daclyiay[d20050915,20051115][pb50!b20!f][vc60][iut!Lah12,26,9!Lc20]&pref=G

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