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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject5/17/2001 12:10:35 PM
From: besttrader   of 37746
 
12:05 ET Fuel Cell Stocks : Sector names Ballard Power (BLDP 55.52 +6.29, +13%), FuelCell Energy (FCEL 82.15 +1.85, +2%), Plug Power (PLUG 27 +2.47, +10%), H Power (HPOW 11.96 +1.31, +12.3%), Proton Energy (PRTN 10.45 +0.90, +9%) surge to session highs as Pres. Bush unveils energy plan; as we reported at 11:17ET, plan would offer incentives for energy conservation efforts, including the development of energy efficient vehicles.




12:04 ET Stratos Lightwave (STLW) 11.49 +1.07 (+10.2%): -- Technical -- Second day of strong gains with its 100 day simple ma broken (held near on previous recovery attempts this month). Now working back toward the May high (11.75) with patterns and indicators favoring a breach. Next resistance of interest comes into play in the 12.50 area.
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