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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: freelyhovering who wrote (31886)9/11/1999 2:30:00 PM
From: Doug R  Read Replies (3) of 79209
 
Myron,

Another MIMBO update.
From the 5 that made a move telegraphing an upswing 2 Friday's ago, this Friday's close saw;
CUBE swung up 11.6%
HMGC has gone unchanged but still has some potential
ITN is working on it...up 3.7% and a scan hit yesterday.
MITK has moved a bit so far...6.2% and still pretty loaded
And the new find, MAPS, stalled after teasing for 3 days...down from Tuesday's open (gapped over the 50dMA) and unch from Friday's close. it appears that it needs to put in some more technical work.
For next week...
SIII has a tight scatter and Wart's RSI stuff has the mov(rsi(13),5,S) and the rsi(13) sitting right on 50 with an uptrend under both from early Aug. Any positive activity in the scatter and RSI stuff and SIII will be one of those at the top of my list for stalking.
NOVL deserves attention.
INSUA is hiccup on volume stuff here.
TRID is in position...hiccup on volume.
DO has a nice wedge hanging out there.
CYBX deserves some attention.

Doug R
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