From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] PCLE
Date: Thu, 7 Nov 2002 00:13:35 -0500
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Robin, while the May action may have been a b/o of sorts, it was followed by a correction that undercut the b/o, and threatened the base formed before that. I would agree with the long c&h pattern, which would now mean the stock is too extended to buy, but well worth holding onto. Should it return to the 12-13 level and show more basing, might be a decent second entry point. - ----- Original Message ----- From: "Robin Gridley" <gridley02@earthlink.net> To: "CANSLIM" <canslim@lists.xmission.com> Sent: Wednesday, November 06, 2002 6:51 PM Subject: [CANSLIM] PCLE Looks to me like this one had a strong BO on a nice Cw/H on good volume. RS and Industry Rank look good, with good year on year growth... except for the last quarter. But I have a question - Is this the second base this chart has formed in the past 12 months? I think I see the first one that started in December '02, ending with a breakout in early May. I'm trying to get a handle on this keeping track as a stock forms multiple bases thing..... - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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