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Microcap & Penny Stocks : NEW WORLD COFFEE (NWCI) IS A STRONG BUY
NWCI 0.00010000.0%Nov 7 12:59 PM EST

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To: BuzzVA who wrote (1611)10/7/1999 1:12:00 AM
From: glen  Read Replies (1) of 1625
 
A key reversal to the upside occurred on 9/27/99. The High, Low Close on that day was H=1 25/32, L=1 1/4 C=1 25/32. On 9/24/99, which was the Friday prior, the High, Low, Close was H=1 9/16, L=1 7/16, C= 1 17/32. A lower low, a higher high along with a higher closing price than the day before marks a technical turning point.

Since then, NWCI has continued to be accumulated. The next significant technical event will occur when NWCI closes above 1 13/16, which will further confirm this reversal to an uptrend. Watch out when this closes above $2.25, which will be followed with a quick move up to the $3-5 area. Well, that's my prediction. And it could happen before year's end!
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