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Strategies & Market Trends : Alpha Stock Pick Charts -- Ignore unavailable to you. Want to Upgrade?

To: Trader X who wrote (7)2/11/1998 5:25:00 PM
From: SE  Read Replies (1) | Respond to of 70
 
I actually have AMAT on my list with a buy target of 33. I see what you are saying about 30 on the chart, but do you really think it will get to the bottom of the support zone??? I was thinking buy at 33 the top of the zone, with a stop at 29.5 just outside the other side of the zone. That would be a 10+% downside risk with my target of 40 (which is a bit on the high side) giving upside potential at 20+%.

Thoughts?

-Scott


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