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


To: Scott who wrote (2894)2/25/1998 4:36:00 PM
From: larry watson  Respond to of 7111
 
Agreed. That we gained back over 50% of the day's loss at the end of day is positive. The stock will go up if left alone.

larry



To: Scott who wrote (2894)2/25/1998 4:42:00 PM
From: sandytoes  Respond to of 7111
 
Scott,

I greatly agree with your comments. I think sometimes folks over-think this stock and sweat the ticks. Also, in the last year the phrase 'short-term' has dwindled to about three days max.

If we look at what used to drive investments, namely fundamentals and weekly trendlines, I think Radica scores very, very well. Case in point: take a look a 52-week chart of RADAF --
1. look at the consolidation around $16, then look at the consolidation around $4
2. see how the stochastics are now right in line with where they were back at $4
3. see how we haven't been at this RSI since $4
4. now, see what happened in the 12 weeks following the set-up around $4....stock doubled.

This is a simple analysis, any real TA person would have me thrown off SI, but it's one that leaves me feeling quite comfortable as we head into next week's release. Bought 1,200 more today to complete my holdings for now.

Good luck to all!

sandy