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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Jenna who wrote (3989)2/7/2001 12:15:55 PM
From: Jenna  Read Replies (2) of 6445
 
today's list 7) SRNA Serena Software Price 24 1/2
SRNA reversed a huge move to the downside in the last week with a range expansion bar and strong attempt to rally, Watch for it to take out 25. SRNA is a momentum trade

SRNA did trigger at 25 moved to 29 1/8 waiting for more move up in a later day session. If SRNA drops below the 20 period moving average and than the 200 it might be a short.
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