Re: [CANSLIM] SHFL


From: "Dave Wood" <davewood@together.net>
Subject: Re: [CANSLIM] SHFL
Date: Tue, 19 Aug 2003 14:47:45 -0400

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I would call it a flat base lasting 7 weeks. It broke out of a first base in
May. I had the pivot at $30.45. What I really liked about the chart was the
support it found on 7/08, 7/18, and 8/04. It was also todays weblink


Dave



- ----- Original Message ----- 
From: "Yien T Lung" <ylung@engin.umich.edu>
To: <canslim@lists.xmission.com>
Sent: Tuesday, August 19, 2003 2:32 PM
Subject: Re: [CANSLIM] SHFL


> Just a clarification about the SHFL breakout. What kinda of chart pattern
> is it showing, in your opinion?
>
>
>
> On Tue, 19 Aug 2003, Dave Wood wrote:
>
> > Hi,
> >
> >     I also bought SHFL this morning @ $31.14 (9:44am.) What struck me
funny
> > was the volume. Ameritrade streamer already had daily volume @ 300K
which is
> > its average daily volume. I know WON emphasizes large volume breakouts,
but
> > when a stock hits ADV within minutes of the open, what does this
indicate?
> > an institution making a large purchase? I am new to streamer, so I never
> > happened to see this degree of activity so quickly.
> >
> > Thanks,
> >
> > Dave
> >
> >
> > -
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