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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: RG who wrote (27852)4/28/1999 8:59:00 AM
From: ManKind  Read Replies (2) | Respond to of 37507
 
NEWS!!! Just in case it was not posted.

newswire.ca



To: RG who wrote (27852)4/28/1999 9:07:00 AM
From: Teresa Lo  Read Replies (1) | Respond to of 37507
 
BII/TSE BIDS/NASD Technical Opinion:

After consolidating from January to mid-March, it broke out of a tight triangle formation at C$6.50ish. Made a bull flag pull back between from C$17-$12 before launching on a parabolic move to C$32.00. At the top it formed a triangle consolidation pattern and broke to the downside and pulled back to C$8.00 last week. It bounced from support in the C$10 range to make a new intraday high yesterday, now positioning it in a Trader Vic 2B Top change of trend signal or a Linda Raschke Turtle Soup sell signal. Both of these patterns are varations of the classic double top. This stock must quickly breakout to the upside to overcome resistance in the C$30 area, or else it will enter a large trading range or consolidation.

Annotated charts have been posted to our site, but you can see one without the lines drawn on it at chartsmart.com