2 replies to this topic

[pisces]

this morning ,bought some snda, small position. am planning to buy bigger position at the test of todays breakaway gap @18.00 stock has ~70 mill shr. float ~20 mill shr [thin] earnings on upswing large short int. 13% mon.upgraded by j.p.morgan broke out of 1YEAR BASE on volume targets:22.00,25.00,28.00,++[maybe] suggestion:wait for consolidation,pullback,then give it a shot. PISCES.

[hiker]

who knows if the price objective on those PnF charts are worth considering? Seems to work sometimes and not others....

11/29

http://stockcharts.c...llery.html?snda

note today's close is below the downtrend line on the PnF chart

the bullish price objective shown on the PnF chart alert today resides just above today's high.

Edited by hiker, 29 November 2006 - 06:39 PM.

[pisces]

Hiker,sorry could not reply yesterday. i know about the construction of a P+F chart,but nothing about their interpetation. trying to stay with KISS. I do not use them. but thanks for your interest. pisces.