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


To: Binx Bolling who wrote (4257)1/31/1998 8:53:00 PM
From: TATRADER  Read Replies (2) | Respond to of 7396
 
Jim, PSEM is in a rectangle pattern from 6.50 to 8.00...You have about 1.46 million shares of overhead in the 7.50-7.93 area....Present volume levels unless they pick up significantly will make this a trading range stock for the time being...I would not open a position on this stock since ADX is only at 13....Unless You want to trade the extremities of the pattern....Regards, Mark