18 January 2007

ZICA 15 Minute


Not finding a whole lot of intraday setups but Zi Corp. (ZICA:Nasdaq) looks interesting here as it hugs the 5bma on consolidation volume...we'll look to buy on the break of a narrow range bar high hopefully in the $2.17-$2.19 area...Fib extensions from yesterday's low are in the $2.35 and $2.45 areas.

Still waiting on the Toll Brothers options (@TOLOF) as the offer refuses to come down so that I can buy in some size.

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