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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (27515)7/14/1999 5:55:00 AM
From: IQBAL LATIF  Read Replies (2) of 50167
 
ELNK at lows was my recommendation.. great test of 55 great bounce off 200 days MA.. would like to see this going to 77 resistance.. Since reaching a high of over $95, shares have made a series of lower lows. More recently, ELNK closed below its 25-and-50-day moving averages, which have started to trend down. Next area of solid support lies at $55, site of its 200-day moving average.

AMZN ..the chartist says ''shares found it difficult to crack through its downtrending 50-day moving average until today. A decisive break through this level would confirm the breakout. AMZN tested support at its 25-day moving average before rebounding strongly. On a close though current level, AMZN could rebound to $140 in coming sessions.'' These are good stocks to play my DOT has moved to 664 now to enter..
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