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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 (102478)6/15/2000 3:40:00 PM
From: Jenna  Read Replies (2) of 120523
 
TLGD up 13 holding ELNT. Price/Volume/Volatility breakouts: JMED,AVIR, EMBX, CCBL still holding MCRS. Long JMED, CCBL (just in last half hour) ELNT was a short from yesterday that was covered nicely this morning, I mentioned both ELNT and TLGD intraday and 'recovery' candidates for today. TLGD doesn't need much prompting to recover.

CCBL MACD breakout ADX move from 15 to 36 on the 15 minute chart. A 20 day moving average breakout at 23 1/2 on the daily chart.

JMED is simply a 'dead cat bounce much like MCRS was. Big move after yesterday's range expansion breakdown of the stock (Bearish Engulfing pattern). JMED was an older earnings play that fell on bad times.
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