posted
Not quite at these current prices, but this stock has long been in a nice uptrend for the past year. It did have a bit of a bubble here in early 2004, but it has since corrected itself and continues on it's path upward.
The key here would be to wait for a pullback to around the 50-day MA, as it has been recently finding that for support. That would mean wait for the price to pull back to as close to 9.00 as possible.
It likes to make about 6-10% moves per week or two. So I would try to get in close to 9, and look to sell in a week or two as close to 10 as possible. If you can hold out longer, you could see 11 or 12 over the next month to 6 weeks.
posted
I'm not so sure. base on Eliett wave it .tells aleady finish 1 2 3 4 5, If it goes down tomorrow will be create the down trend 1
Posts: 287 | From: la.ca.usa. | Registered: Jan 2003
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posted
This uptrend is nice and slow which shows strength. One week from last tuesday once the bottom is made you see the the rebound getting HUGE volume. I say this is poised for a big move some where. I think it could have some steam left.
-Greg
[This message has been edited by grjohnso (edited July 11, 2004).]
Posts: 257 | From: mcminnvill, OR usa | Registered: Nov 2003
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