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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 (76804)12/29/1999 1:59:00 AM
From: Jenna   of 120523
 
EXAR/EXAP, no typo two stock both with estimated EPS increases in the triple digits, both did well today. Both are earnings plays:

EXAP: 209.238.58.46 did very well as you can see with stochastic breakout and crossover, williams %R breakout, and RSI.. also had a 20 day moving average breakout

EXAR: 209.238.58.46 did awesome reaching its 52 week high before pulling back. Although the trend is strong and it had a double top point & figure breakout we can see signs of "overbought" as the indicators are starting to slope downwards. Of course in these last weeks of the market climate it might be down as long as 1/2 hour or a half a day before it recovers... If either of them report the earnings expected of them no doubt they will both be quite a bit higher.
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