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


To: Galirayo who wrote (16176)3/12/2006 10:17:58 PM
From: Sergio H  Read Replies (4) | Respond to of 23958
 
Ray, Allan, Ken

I'm not bullish on SUNW.

Looking at Allan's chart, look at the short term downtrend. Then look at the gap at the beginning of 2005.

Allan drew a line of resistance at this same price. That's where I see resistance.

So, I would wait for that resistance to be taken out, but what's the point, since its got to do the same thing once again for the other overhead gap. Right? The risk/reward is not favorable.

SONS, I like.

Why? 90 day high > than 52 week high. Missing higher than avg. vol. though, but Starmine has SONS coming in with above expectations.

For me, SOSN si, and SUNW no.