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 (3234)	12/6/1998 1:02:00 PM
From: James Strauss	Read Replies (1) of 13094

Recognizing A Turnaround Chart Pattern... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ A good chart pattern for turnaround stocks with good upside potential has an upside breakthrough of a downtrending trendline... IOM is an example of this: iqc.com Also note that MACD just turned positive and CCI is at the low end of its range... A review of the chart shows room to move to the 14.00 to 16.00 range... Fundamentally, CPQ is now advertising that they have Iomega Zip drives in their computer... So, finding the right chart pattern plus a good and improving fundamental story makes a good combination for upward price movement probability... Jim

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