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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (5551)11/27/1999 11:41:00 AM
From: Jibacoa  Read Replies (1) of 13094
 
JIM:

PTEK: The stock seems ready to test the resistance at 9 1/16. That will be a
20% gain from yesterday's close.

The stock with the intraday's Hs on Nov24 & Nov26 (7.875 and 7.843 on
volumes of 2,744,100 and 689,000 respectively ) was able to test the previous
triple-top at 7 1/2 (Aug26, Sept13 and Oct28)

It seems to have bottomed-out at the 4.375 to 4.5 area (Nov3 and Nov.8) The
highest volumes since the sell-off from the 9.187 area on Aug2 have been on
the upside (2,862,700 on Sep13; 2,918,300 on Oct28; 2,458,600 on Nov.23 and
2,744,100 on Nov.24)

Regards and good luck

Bernard
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