In the midst of a recovery rally, because of bargain-hunting. Probably not establishing a base at this point. Could have a little bit of higher movement. Not a long-term recommendation.
Showing a bit of accumulation on a long term chart. If it breaks through the $27 area, that would be the time to buy. At that time, it should run through to at least $32/33. Could use call options to catch that point.
Had formed a triangle formation and had a breakout from there. Now it's coming back into support level around $.30/.35, which is a good time to start accumulating.
Had a selloff in 2000, base building in 2001 and the beginning of the first leg in 2002 but has been in a horizontal trading range since then. Once a breakthrough $10, you should have another move up to about $16.
(Top short Mar 17/04. Up 10.5%.) Was surprised when the stock participated with the market in the 2nd leg of the rally. Still could have some problems.
Big selloff in 2000/2001. Broke up through the 200 day moving average in 2003. Watch the gap between the current price and the 200 day moving average. Use a stop loss.
Huge selloff from 2000/2002 and then started base building. Not a long base building, but enough for a hiccup. Now running into resistance. When it moves back to about $35 it would be an opportunity. Would then have a run towards $70.
Had a big bass from 2000 to 2003, followed by a wonderful breakout in early 2003 when everybody jumped on the bandwagon. Has a beautiful little pennant which should break on the upside. Have a stop loss between $.55/.56.
