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

To: ivan solotaroff who wrote (843)	12/26/1997 2:13:00 PM
From: Doug R	Read Replies (2) \| Respond to of 2377

Ivan, ROMT Recent History: The chart shows that the breakout occurred when the price moved above the line across the tops of 10/13 and 12/8. That breakout was hinted at on 12/18 and 12/19 and finally happened on 12/22 with a gap up from 2 1/2. The low today came within 1/32 of closing the gap. 2 17/32 is also where the 10/13-12/8 downtrend line mentioned above is today so the price can be said to have found support on that line and may be reasonably considered as having closed the gap. A bit of a shake out early Monday could be expected. There is good uptrending support at 2 1/4 and I think an excellent buy price would be 2 5/16. Probably too excellent since ROMT may have found enough support on the 10/13-12/8 line to begin another acceleration. Monday and Tuesday are going to say alot about the next few weeks for ROMT. BEAM: Almost too low to resist. Doug R