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Re: Jeff Andle post# 32217

Monday, 01/09/2006 9:53:28 AM

Monday, January 09, 2006 9:53:28 AM

Post# of 32426
I don't like NTN right here. Not that it hasn't shown life lately, and I'm not sure if you're buying this as a one week trade or something to hold, but currently, the 50 DMA is at $1.50 and the stock is at $1.48. The next resistance level after that is $1.75, and unless the stock breaks through that, it heads back down.
At least it is making some new higher highs and higher lows, but I think other charts look better.
Fundamentally speaking, I was just noting recently that NTN machines have been disappearing from many of my local hanging places. A few of us used to go regularly and dominate under our Derf alias, but it seems the trivia trend is waning as of late. JMO, of course.

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