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Strategies & Market Trends : Trend Setters and Range Riders

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To: Connor26 who wrote (1160)1/6/2001 10:10:58 PM
From: Susan G  Read Replies (1) of 5732
 
A few with potential, pulled from a Qcharts list of the only stocks that bucked the trend on Friday, closing green....

AWRE, announced Friday mid morning that they would meet or beat expectations. How nice not to have to worry <g>
Fridays volume was 3x average, with 21 blocks but still could not break resistance at 16 3/4, although it did fill a gap down from Tuesday. Lots of overhead resistance, but it may recover from tax selling now.
AWRE had a three outside up bullish reversal Friday.

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XOXO, have been watching this for quite some time, and it has shown strength recently, as well as extraordinary volume last week - with 811 blocks and 4x average volume on Friday. Closed at the high Friday, Something must be up.
The 60 minute chart shows a triangle which started breaking to the upside late Friday after hitting 25 earlier in the week and pulling back.

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AGIL, our old favorite surprised me Friday, after buying it Thursday. I was getting ready to dump it for a loss, but it fought to recover all day. Must have surprised the herd who jumped on it short at the open due to a free newsletter's short call <g> I held and will try to hold through this week as it finished really strong with a bullish harami reversal on Friday. A bottom maybe? MAYBE <g>

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BPUR, had a bullish engulfing reversal on Friday. Looks to have put in a double bottom last week, and closed strong and above the 20EMA60 on Friday. Has resistance at 20 2/4 - 21ish.
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NUFO, is the selling over? Looks like it's put in higher lows the past few weeks. Several good articles mentioning it lately including this one this week.
Message 15137576

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Looking at the dailies is pretty useless lately...and these 60 minute charts show the recent moves more clearly.
If the charts do not come up (what's wrong with SI charts lately?) they are all 60 minutes.
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