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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (2692)4/5/1998 2:19:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 29382
 
Sergio, I looked at SOC in P&F, RS is sell in a column of X's and it is still above the bullish support line at 29. Tom's rule is that after a 20 box reversal one can take a position or wait for the first three point reversal. Based on the news and both RS in x's and above support, this one looks good for a nice move to the upside at least short term.
Likely rally back to the mid to upper 40's before breaking down.

My thoughts,
Preston



To: Sergio H who wrote (2692)4/6/1998 10:46:00 AM
From: hank stone  Read Replies (1) | Respond to of 29382
 
Sergio, Yes, I did. You are on the money!!!