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Hi Linda,
I don't know if anyone answered your question or not but here goes. I
wouldn't buy ATHM until price breaks trendline ( look at graph). I
looked at the Yahoo message boards to find out how these
investors/traders were thinking. Basically buying on the dip, people
are saying this is cheap you got to get in now, you'll miss the boat,
ATHM is a great company it will fly to the moon, etc.
Here are some support and resistance levels to watch for 49.5,41.5625,
33.25, 33 , 24.9375 , 24.75.
For the most reward and least risk wait for price to break the trend
line. By doing so last time you would have made ~20 points. (go back
and re-draw the trend line.)
TradeWell,
Joe Frabosilio
Linda Swope wrote:
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