Jack Henry & Associates (JKHY) Message Board

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Technology Stocks : Jack Henry & Associates (JKHY)

JKHY 150.63

+1.2%

Nov 3 3:59 PM EST

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To: AugustWest who wrote (9)	9/23/1998 1:08:00 PM
From: Tulvio Durand	Read Replies (1) of 45

JKHY is one of six stocks highlighted in today's IBD Investor Corner feature under the banner "Stocks Show Their Mettle As They Break Resistance". Excerpt follows. "In a market decline like we've had, many stock charts look ugly," Wibblesman said. "If a leading sock can rally and its RS line cuts through its RS line resistance pattern, that is a positive. It can be an advance signal the stock will eventually move through its price resistance. In some cases, a stock's RS line may may even go to a new high, before its price goes through resistance". Jack Henry & Associates did just that. The stock shook out down to 38 on Sept. 1. But its RS line held close to a new high. That showed the stock was strong. [end] JKHY keeps making new highs almost every day. Awesome! Tulvio

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