|
PureBytes Links
Trading Reference Links
|
I've been noticing this also, It came up on my Telescan search as an MACD
breakout with confirmation from MA and Wilder RSI breakout numbers.
I'd like to be purist about this, but still... Sometimes fundies add the
spice.
There's been news stories about this item, namely shareholder class action
suits, drop in earnings first quarter and company forecasting lower sales in
second quarter.
Maybe it deserves the 11 to 16 price range. Go for the 10%. When it has
finished this bounce the sore losers will no doubt exit and drive it down a
bit. Don't hold long at all.
-----Original Message-----
From: Joe Frabosilio <joe6964@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Sunday, April 25, 1999 9:37 AM
Subject: STK:NETA
>
>On Friday I enter this stock near the close. Reason, there were 3
>setups out of Street Smarts. They were according to my eyes.
>
>Momentum Pinball
>Three day unfilled gap
>Whiplash (almost to the letter)
>
>I missed the Momentum Pinball setup, so I waited towards the close and
>was filled at 12 3/8. The gap should be filled at 14.5, this stock is
>going to move fast. Believe it or not there are people who still own
>this stock from the 40-60's and as the stock rises will be cutting there
>losses. My objective is only to gain 10% with this trade and move on.
>
>TradeWell,
>
>Joe Frabosilio
>
>
|