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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (638)	12/21/1997 12:48:00 PM
From: Dave H	Read Replies (1) \| Respond to of 2377

Sergio, GLUX-- I like the chart; it looks like it's a MIMBO -- the BO being early this month. Most stocks will do a retest on a breakout, and I'd say the safest play would be to wait for the next breakout off a retest. The best time to get in of course was the original breakout...at this point, it could be stalked since it could just take off without a retest -- but volume would have to confirm this. Most likely we will have a basing period and then a final breakout to confirm the whole MIMBO. Personally I'd look for a strong breakout with volume over 2 -- if that happens, the potential for this one will be back to it's old highs of 13. Nice find, whoever found this one. (myron?) -dave