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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (7625)1/22/2001 5:18:18 PM
From: Jibacoa  Read Replies (2) of 13094
 
JIM:

JWEB: Closed today above the November H.It has had a good move since the buy signal on the 60 min.chart on Jan.12 at 1 23/32.

The next hurdle seems to be the Oct.2 H at 4 15/32 and then the Sept.14 H at 6 3/16.

Do you think it could have some consolidation back to the 3 3/8 level in view of today's up-gap?

As you recall back in 1999 it traded (From June to mid-December) at a range around 20 (from L of 13 to June H of 29 3/8 and back to the 14 -16 area in mid-December.

That was before that NICE RUN to the H of 87 on Dec.23, which I remember well because it was a NICE Holiday gift.<g>

Bernard
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