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Starshine

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Starshine

Re: DAVE_007 post# 889

Wednesday, 08/27/2003 9:01:16 AM

Wednesday, August 27, 2003 9:01:16 AM

Post# of 12022
ddfridd/CLHB: I just picked up on this one from Timhyma on his board and finished some DD on it. This one could be ready for a reversal.

On 08/14 the stock plummeted on Q2 loss and lowered guidance. It has been extremely oversold. The T/A sites I use give it a +10 for a very strong outperform, a 100% bullish and 0% bearish indicator, and a high vol alert.

It is showing some resistance in the 4.85/4.95 area but if it gets thru that, the next resistance is 8.81. That could be a nice move.

I'm going to see how it opens today.


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