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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Magnatizer who wrote (1636)5/22/1998 7:18:00 AM
From: majormember   of 13094
 
<<XYBR: good luck, not in a pray for you way, just wishing you luck to boost my karma>>
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David,

The XYBR marketing agreement hit the wires at 1:38 P.M.. When I look at XYBR daily chart, I notice that at approx. 1:38 P.M., XYBR took off from $5.30 to $6.25 on heavy volume. To me, that indicates news of the distribution agreement had a DIRECT & IMMEDIATE impact on the share price. I am hoping for an intraday move to 6.75 which gives me 1 pt. If I am wrong I have a tight protective stop to limit my loss...
quote.yahoo.com

Regards,
Skane
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