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Hi All:
Several days ago, I wrote about KIDE.
Please take a look at today's KIDE 30min chart. Seems it may have found a
bottom (? big question mark ?). This is not yet confirmed by daily or
weekly signals.
But it certainly looks interesting.
The stock was as high as $93.25 back in Nov 99.
Regards,
Wong
ps: before I send this post out, I just check the price, and it's now at
$24.375.
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Previously I wrote:
Hi All:
Several months ago, one of my subscribed services mentioned KIDE as being
recommended by Mr. Bernie Schaeffer. (Unfortunately, I deleted the post
already.)
I started monitoring the stock since the end of November 1999, when the
stock was around $60, only to see it continue its unrelenting downward
journey...
.. What's interesting is perhaps KIDE has dropped to a support level (cf
weekly chart and the yellow line I draw), ... aound the $20 level.
As you may notice on the daily chart, the stock was as high as $93 on
99-11-09, and now down to around $23. Very oversold. A possible candidate
for bottom-fishing. (To me, it's definitely NOT a buy for tomorrow. But
there's a potential buy in the near future.)
So if you're interested in the stock, please do your own research and
arrive at your own conclusion.
Attachment Converted: "f:\eudora\attach\kide-01-25-intraday.gif"
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