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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 (118274)12/6/2000 11:38:47 AM
From: Jenna  Read Replies (2) of 120523
 
#1 on today's watch list took at the important resistance of 20 day moving average (35 1/2).. and powered.

1> TXCC - TRANSWITCH CORP Price= 34.3
Relative Strength for TXCC is still 90 and it did have a bullish double top breakout on Tuesday, If TXCC takes out 32 1/2 a pivot point, it will be a short play.   If market internals are positive wait until TXCC takes out the high made in the first 20-30 minutes. (35 1/2 is the 20 day moving average)
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