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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: hotlinktuna who wrote (169395)12/20/2007 12:26:42 PM
From: lexi2004  Read Replies (1) | Respond to of 208838
 
STIY...If there is something about this stock that you think it's going up again, the fibs for retracement of this move are:

62% - .45 which looks like LOD to me so far, and next fib down is around .33. Just doing this by eye with the fib tool.

If STIY follows the pattern of the chart, it's in a down trend and then will make another low from the run which was .14.

So, it all comes down to if there was something about the company that was good that came out; if so, then the LOD .45 would be a good place to enter IMHO.

Lexi