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

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To: Kavika who wrote (71763)11/16/1999 12:53:00 PM
From: Jenna  Read Replies (1) of 120523
 
wow.. that's unique.. <<ALERT>> stock #7 11/16 if you haven't noticed by now as I'm really just following earnings plays today #7 EP 11/16 has rallied nicely to 100% of day high and up 4. This stock managed to correct for a very short time. It is the leader of its sector in a niche market and no less than fifth time an earnings play. One of the best growth stocks around (yes I would tap the table on this one).. and that little coil you see (or handle or bull flag) was the reason it moved that much. When very strong stocks actually manage to have a handle, coil or bull flag in the midst of an uptrend and before an earnings season, that is one of the most profitable plays. Just that little release of pressure is enough for the stock to continue making higher highs once again.. Now it broke above its 10 day moving average ..
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