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

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To: Jibacoa who wrote (9149)6/30/2001 4:44:52 PM
From: James Strauss  Read Replies (1) of 13094
 
INAP...

Bernard:

I'm sorry you only got a 48% one day pop in the stock... If it can get past 4.00 and close the gap near 5.00 it could zoom towards 9.00...
stockcharts.com

As for the Nasdaq, it is now facing overhead channel resistance from downsloping trendlines and the 89 day Linear Regression Line in the 2200 area... If successful it sets up a double top test in the 2328 area... If unsuccessful, it sets up a retreat towards the 2000 area...
stockcharts.com[m,a]daclyymy[pc13!d20,2][vc60][iUa12,26,9!Lc20!Lk14!Lw25!Ll14]

The positive indicators suggest a possible break above 2200...

Jim
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