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

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To: Jenna who wrote (74374)12/6/1999 12:31:00 PM
From: Jenna  Read Replies (2) of 120523
 
BRNC just broke through short term 39..long term at 39 1/2* looking good broke through a 2 day cup & handle chart formation. With these stocks its like mosquito lives you live from 10 to 5 minute charts. 39 1/2 is breakout on the daily chart which looks might good complete with bullish flag pullback on 200% more than average 60 day volume.

* long term compared with the life line of the stock which is short but usually stocks that are in a strong uptrend and pause once in a while for a bullish flag correction go on yet another leg of that acceleration. Of course it would be nice if we had more than 5 months on which to base our historical chart patterns. Which is why stocks like this are risky and should not be entered lightly because unlike OCLI, MSTR etc. their history doesn't go back that much.
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