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Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%Dec 30 4:00 PM EST

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To: Doo who wrote (485)3/26/1997 1:39:00 PM
From: Sam2482   of 7054
 
Jeffry, the following is a capsule of some of the indicators done on daily charts as of 3/25/97. DMI-bullish, MACD-bullish, Moving Average-bullish, Stochastics-neutral, Momentum-neutral, but climbing and as stated earlier the volume is the biggest concern. I have also received Taglich Brothers latest research update. John Chew did a thorough analysis of ACRT and if anything he was overly conservative. IMHO the stock is currently trading near its low for the remainder of the year with little downside risk and excellent upside potential. The answer to the volume concern may be corrected when ACRT announces QTRLY earnings. Again it is just my opinion but I like the stock at these levels.
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