Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (57308)	8/24/1999 10:50:00 PM
From: TimbaBear	Read Replies (1) of 120523

Hey boobelah.....why not look at AVNT?....look at a three year chart....like this one... askresearch.com If you draw a trend line across the tops in July, April, and January and extend it out to the current time, it intersects the price line at about 20....if you draw a mini-trend line across the bottoms since 5/99 and the tops since 4/99, you get a symetrical triangle.....now converting it to English, it looks to me like if AVNT breaks 15 and holds, it will likely run to close to 20 for about a 25 to 30% gain....also look up last news reports on quarterly report (about July 12) and you'll see 22 consecutive record quarters, 30% increase in revenues and 22% increase in EPS....the chart I linked to above also shows a lot of the TA indicators appear to be bullish as well....BDWIK?....a gift, boobelah, in appreciation for your sharing, hope it helps.

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