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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: ivan solotaroff who wrote (8529)12/1/1997 1:51:00 AM
From: Zeus549  Read Replies (1) | Respond to of 79349
 
Ivan, I think the impetus to push it over the treshold has been the market going on the hunt recently for defensive issues. Food and non export items would both qualify. On top of that the growth prospects look pretty good for FRES. I've been stalking this one waiting for this breakout for the past couple of months. Short term I'm looking for 30 as an exit. The small float and the breakout on large volume are the dynamics that have me into on this break. This next week should prove interesting with the market getting back to normal trading.