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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: K-MAN who wrote (3833)	1/14/1998 12:33:00 PM
From: TATRADER	Read Replies (1) \| Respond to of 7396

K-man, when a stock is running like WCII, you are asking a very difficult question...It is in a flag pole formation...Last time it did one of these it was an 8.00 move...from 17.50 to 25.00.....Taking history as a teacher, I would add 8.00 to 25.00, to get short-term target of 33.00 a share...Also the stock is displaying a Head and Shoulders bottom with a reading of 25.00 by 10.00....Add 15.00 to breakout point of 25.00 and you get long-term target of 40.00.... Regards, Mark P.S. When all this hype is over the stock has potential to pull back to 28.00 a share...