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[Previous entry: "INTC Small gain in consolidation"] [Main Index] [Next entry: "Fibmartkets subscriber chat room was rockin today!"]

02/19/2004 Archived Entry: "PLXS More consolidation, another small gain"

click here for PLXS chart
2/18 We entered PLXS long 2/9 @ $21.29 and since then it has consolidated. We exited PLXS on 2/18 using the cross down of the 3x3 on the 60 minute chart @ $21.41 for a small gain of 12 cents. Looking at INTC and PLXS you get the idea we don't like consolidation! Fibmaster says in Chart Review, "We don't trade for the pleasure of watching a chart go nowhere." (Look to INTC post for Chart Review newsletter).

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