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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: GT who wrote (9336)	11/9/1998 8:58:00 AM
From: Logistics	Read Replies (1) \| Respond to of 119973

PRMS - My pick of the week. Here is a TA from Doug R. which is on his thread: First, another example: PRMS broke out of an IHS on Tuesday. It retested the breakout in classic fashion and moved off the retest on excellent volume. The dates for the neck line on PRMS are along the highs on 9/9/98 and 10/20/98. PRMS is going to a min 17 very quickly. The trend lines supporting it are along the lows on 10/8 and 10/16/98 and the acceleration from the low on 10/16 to 11/5/98. The move off the retest occurring off that 2nd anchor of the acceleration strongly suggests a new acceleration is starting. Entry is advised here since the downside would be pegged by the 10/16 to 11/5 line which offers minimal downside risk if used as the stop loss trigger.