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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum

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To: Jenna who wrote (2838)1/24/2001 12:07:25 PM
From: Jenna  Read Replies (1) of 6445
 
ARTG called yesterday and continued its move today on the January 25 earnings play watch list was called a buy if it succeeded to break 21 1/2, the high of 1/22.. It has succeeded well indeed.. has now bounced well above yesterday's close of 22 7/8 which was the condition for a possible swing/position trade. It has done that as well as broken the trendline resistance level of 23 9/16, its 20 day moving average. WE are now in maximum overdrive. We are looking for a resistance of 30 and if that is broken than 32 7/16, the 50 day moving average.
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