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Registered User Joined: 8/30/2005 Posts: 29
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HNC, I just wanted to know what your program shows on TRMS. Do you think the stock has hit a botom this morning and is now on its way back up, or do you think it will still go lower?
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Registered User Joined: 12/8/2004 Posts: 1,301
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Sorry, but there is no elliott wave pattern for this stock. It is all over the place. I have no way of predicting a bottom unless there is some kind of pattern.
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Registered User Joined: 12/8/2004 Posts: 1,301
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Actually, I was able to get a predicted target. The end of the decline should be between 11.89-12.09 which is right now. If the market doesn't screw you up you have potential to make it back up to 15.38 to 15.87.
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Gold Customer
Joined: 4/10/2006 Posts: 954
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This Stock needs to break above 14.70
This stock is going to be news driven... 6/27/05 something happened. Its been channel bound since then.
I would just set an alarm and wait for some volume. If the news is positive it should move to 17.5 - and possibly $20.
Small cap with out a trend is just a waiting game and it could go just as fast down as up.
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Gold Customer
Joined: 4/10/2006 Posts: 954
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I suppose, I prefer a stock that is not trading in such a flat 200ma channel 200ma on the the 5y chart is flat. But looking a little closer I see if you had the right indicator you could play the side ways move.
I think, I like a distict up or down trend to play against. I worry on a stock like this I will be on the wrong side of the stock when news does break.
midd isrg qsii boom aapl sndk
TRMS reminds me of SUNW.
TRMS if it breaks 15 with 2-4Msh ....would be my kind of play.
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