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Technology Stocks : Phone.com [PHCM]

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To: KevRupert who wrote (932)2/29/2000 10:48:00 PM
From: NucTrader  Read Replies (1) of 1080
 
equis.com e-analytics.com (I like this one best)
bigcharts.com (click on the red bar at top that says interactive charting)
I've actually simplified my own charting. First big place for a stock to hold is it's 50 day moving average, and at bigcharts, you can use either the SMA (simple moving average) or the EMA (expomential moving average). I use the 50/100 day EMA with volume to get a read. Once a stock penetrates it's 200 day MA to the downside, it's usually "Katie, bar the door!". For a mo-mo stock headed up rapidly, use the 10 day EMA for support (ie consider moving out if it penetrates it's 10 day EMA to the downside). I've found Gary B. Smith's columns on http:// thestreet.com extremely useful in learning how to read a chart and he regularly presents chart formations leading to breakouts, and what to look for. If, however, you're a FA person, you may wisely not wish to torture yourself with any of this. BTW. The guys over at Invest/LTD thread are a pretty savy bunch of traders who come up with good ideas. You may want to check the thread out. One of them likes the chart on PHCM and said he'd be ready to buy more here. I asked. I'm going to watch for now, though.
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