stock option, buy stock

The following play contained errors in the buy point, target, and stop.

Play Date: 05/12/2003
FLSH (M-Systems Flash Disk--$8.92; +0.54; no options): Semiconductor memory chips
http://biz.yahoo.com/p/f/flsh.html
STATUS: Reverse head and shoulders. FLSH is nearing the breakout of its 6-month base showing solid 7 to 3 accumulation (7 up weeks on rising volume to 3 down price weeks on rising volume in the base). That accumulation indicates that there are more buyers than sellers in the stock and it forms a solid foundation to move higher. It formed a very nice right shoulder, holding the 18 day MVA (8.16) on the low; that makes this a shallower shoulder than the left, indicating more strength in the pattern. It is right at the neckline breakout point and shows strong money flow as well.
Volume: 307.75K Avg Volume: 127.681K
BUY POINT: $9.06 Volume=195K Target=$10.88 Stop=$8.38
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/flsh.html

We apologize for the error.

stock option
buy stock