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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (13421)11/21/2005 12:25:55 PM
From: Jibacoa  Read Replies (1) | Respond to of 23958
 
Sergio,

Re:ALSCE

I sold all I had more than a year ago. I missed the recent run after the May 2- May 20 double bottom at the 1.50 level to the July 11- July 12 double top at 3.05 <g>

Reportedly they still have around $2.65 in cash/shr, and they were able to cut the loss in half on a sequential basis on the 1st Q, but the stock may come back to test support at the 2.60 level.

bigcharts.marketwatch.com

The longer chart looks like a cup with a long handle.<g>

bigcharts.marketwatch.com

And from a still longer perspective the R/R doesn't look bad.<g>

bigcharts.marketwatch.com