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

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To: golfnut777 who wrote (3849)2/6/2001 1:57:36 AM
From: Jenna  Read Replies (1) of 6445
 
AVNX Avanex Corp Price 51 13/16
marketgems.com
AVNX it closed in near hammer at the high end of the intraday trading range. However the AVNX chart is FAR from healthy. If it doesn't move up Tuesday and take out 53 3/4 it might retreat and trigger short at 49 3/4 from there there is a little support at 47 3/4 and than nothing until 39 the 52 week low. Its possible that AVNX might retest those lows.
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