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

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To: Jenna who wrote (57900)8/27/1999 12:50:00 AM
From: Jenna  Read Replies (3) of 120523
 
Stock of the Hour Optical Coating Lab. Inc. Resumes Uptrend (stock of the hour 8/26)

Optical Coating Lab. Inc. (OCLI) is mounting a strong five day rally to break back above its 50-day moving average line after falling from its all-time high of $88 3/8 in the most recent market consolidation to trade briefly below $55 where strong support poured in. OCLI has seen heavy accumulation this week, as shown by its 5/30 day volume ratio of 281 - most of this was upside volume, the stock shows a three day, 33 percent gain.

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