STOCKSCORES.COM highlights GEAC as one that is breaking its downtrend. The following is an excerpt from their news email.
You use the Stockscores.com Market Scan tool of course! Here are some settings
to try today and for the next while as the much-maligned make a resurgence from
a bottom.
We want to focus on stocks that have broken their downtrend, formed a
consolidation (which is a show of stability) and made a break through very
short-term resistance as a sign of optimism. To let the cream rise to the top,
we want to only consider stocks with a Bullish Stockscore rating.
Here are the Market Scan settings you should apply:
Score Rating = Bullish
Candle = Bullish
Medium Term Moving Average = Bearish
Long Term Moving Average = Bearish
Short Term Consolidation = Yes
5 Day Resistance = Breakout
Today Relative to 20 Day Volume Average = Above
$ Value Volume >= 1000000
As always with a Market Scan, the final step is to visually inspect the charts
to find the best opportunities. We want to focus on the charts that show a
break from a rising bottom, with good volume support.
I did this scan and found 12 candidates. The stocks with the charts I am
looking for are the following:
Ramtron International (NASD:RMTR)
General Semiconductor (NYE:SEM)
Geac Computers (TSE:T.GAC)
ZixIt Corporation (ZIXI)
Take a look at these four stocks to see the kind of charts you want to focus
on, and to see four companies that have good potential to head higher.
***Stockscores.com Site Tip of the Week***
There is a lot more to Stockscores.com than just the Stockscores. To take full
advantage of all the power that the site has to offer, I strongly urge users to
read the essay found in the School and Strategy sections of the site. There is
a lot you can do to improve you performance in the market using
Stockscores.com, but you have to know how to use its tools. These essays will
help.
***Stockscores.com Perspective Daily Edition***
Each day, we scan the market for opportunities and reveal only the best to our
Daily Edition subscribers by email. As we feature stocks, we add them to our
model portfolio and remove them when it is time. Our performance is measured
daily.
Gain/Loss since January 1, 2001 up 20%
Stocks that we have bought and sold in the model portfolio during January:
Founders Energy up 24%
Corel up 77%
iManage up 32%
Subscriptions entitle readers to see our regular stock picks and our daily
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Stockscores. A valuable way to find stock opportunities, but to also learn
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For more information and a free trial, please contact Cindy Rowe, who is in
charge of subscription sales, at perspectives@stockscores.com.
***References***
To get the Stockscore on any of over 20,000 North American stocks:
stockscores.com
For a background on the theories used by Stockscores:
stockscores.com
For strategies that can help you find new opportunities:
stockscores.com
To scan the market using extensive filter criteria:
stockscores.com
To build a portfolio of stocks and view a slide show of their charts:
stockscores.com
To see which sectors are leading the market, and the stock components:
stockscores.com
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Disclaimer
__________
This is not an investment advisory, and should not be used to make investment
decisions. Information in Stockscores Perspectives is often opinionated and
should be considered for information purposes only. No stock exchange anywhere
has approved or disapproved of the information contained herein. There is no
express or implied solicitation to buy or sell securities. The writers and
editors of Perspectives may have positions in the stocks discussed above and
may trade in the stocks mentioned. Don't consider buying or selling any stock
without conducting your own due diligence. |
