|
PureBytes Links
Trading Reference Links
|
Hi James,
You may get what you want. After the close Dell came in with better
earnings and beat the whisper. Also plans a 2:1 split on March 6.
Along with Lucent Tech (LU) plans a 2:1 on April fools day (4/1)and
Microsoft spilting on Feb 23. According to CNBC which has not stopped
talking about Dell, anything that has to do with tech. should go up.
I back tested this stock for 3 months and 6 months, RSI, RSI top and
bottom, Stoch, and Moving Average all say to Short between 25.44 - 29.
Good Luck,
Joe Frabosilio
James Charles wrote:
>
> Hi Guys,
>
> Wednesday morning I bought Bay networks at 31 7/16 on an oversold signal. I present you with the
> attached chart because it still may be a good buy tomorrow. Note the oscillator on continued
> strength would show a pattern similar to January 12th when there was a bullish reversal candle. By
> waiting until 31 7/16 I made sure BAY took out Friday's open, which left Tuesday's bearish candle a
> springboard for a possible rally. With today's reasonably strong close, the upside action may well
> continue into tomorrow for a nice short term trade.
>
> Best wishes,
>
> James
>
> ---------------------------------------------------------------
> [Image]
|