Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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

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To: James Strauss who wrote (24)	3/22/1998 10:48:00 PM
From: Magnatizer	Read Replies (1) of 13094

Jim RE: RECY indicators are far more powerful to the upside now... Volume is almost four times greater than January 26... All indicators are now positive... MACD was negative back then... MoneyFlow is more positive now... I should have been more specific. The formation of the short term stochastics (2 day), short term SMI (13 and 2), CCI (8), RSI (13 and 3) all have similar characteristics. I agree that many indicators are much stronger now. The reason I referred to the above was that the period I was comparing to was quite favorable for RECY: 90% jump in one month. If RECY can duplicate the feat the price target would be 11.04 by mid April. I would take that. <VBG> happy trades david

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