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

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To: macduff3 who wrote (69513)11/3/1999 2:37:00 PM
From: Jenna  Read Replies (2) of 120523
 
EP 3.. its at day high and resistance is at 47 and also you will discern a 2 day ascending triangle completing at that time. This just the 15 minute chart. Any price above 47 will be a breakout to upside. On the longer term chart its had a momentum breakout and the first one since early August for this stock. It beat estimates by 5 cents and they were a substantial improvement from last year. I think that this one and stock #1 today's watch list are linked in a pressure on their sector. Once the pressure abates I would expect both of them to move up.

#7 is a harder call. It seems to give good one day spurts but never so far have I seen more. But one significant milestone I like is a 4 week breakout of price and this one had it today. I'd put in a stop and see where it closed.
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