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Guy,
I took a quick look on Telescan. I don't like to act on charts like
ANADs. It did break out of the horizontal channel on decent volume a few
days ago, but immediately pulled back into the channel. I've been burned
on those patterns before. I'd wait for a second breakout on good volume.
Jim
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From: Guy Gordon <gordon@xxxxxxxxxxx>
To: metastock-list@xxxxxxxxxxxxx
Cc: JimGinVA@xxxxxxxxxxxxx
Subject: ANAD Breakout?
Date: Monday, July 28, 1997 4:29 AM
Hey Jim!
Take a look at Anadigics (ANAD) and tell me what you think.
This stock used to climb strongly. Then it went sideways since
February. I think it's broken out of that to the upside.
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