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


To: Willsgarden who wrote (4244)1/30/1998 2:08:00 PM
From: TATRADER  Respond to of 7396
 
Bill, I would stay away from NM....You have a lot of overhead at 3.00-3.25 and at 3.50....Present volume levels will not penetrate it...You have a trading range stock...Evelope has it for time being in 2.71-3.00 level, and Bollinger at 2.85-3.53....ADX has weakened from 29 to 27...Shows me trend is weakening...I say it runs out of gas in the 3.00-3.25 area...Regards, Mark