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Non-Tech : Radica Games (RADA) -- Ignore unavailable to you. Want to Upgrade?


To: Gurupup who wrote (2354)2/3/1998 1:12:00 PM
From: B-MAN  Read Replies (1) | Respond to of 7111
 
It helps me... from monitoring other threads, I belive followers & lurkers of DougR & 56 related threads (henceforth "sellers") are looking to exit their positions @ 18, their target price. Based on my analysis, 18 is the pivotal hump that we need to cross for a breakout; otherwise, a retracement is due.

Therefore, specifically, I am interested in knowing on which side of the equation is there more pressure: buy or sell. I think we will see increased selling pressure (by aforementioned sellers & others) as we approach 18, at which point I myself may consider exiting to protect gains. However, if today is like days past, towards 3-4 pm, we may see buying that will push us beyond 18 barrier (& I won't sell). THIS IS THE CRITICAL PERIOD.

Just my opinion.

B