Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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

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To: Chisy who wrote (7883)	2/13/2001 1:17:32 PM
From: Jibacoa	Read Replies (1) of 13094

Chisy: I am familiar with ZMBA, which I have traded before. They reported better revenues but still bad earnings and the book is only 0.29 Insiders reportedly hold 51% and institutions around 14 % (both insiders and inst. have been selling lately) The stock seems to have bottomed at year's end around the 1.56 level. It has to deal with the Feb.8-Feb.9 double top at the 3.93 area before tackling the previous Jan.30-Jan.31 double top at 4 and the Jan.17 H at 4.50. Then it will look much better on the chart and could go to test the Oct.20-Oct.23 double top at 4.93 As you may recall last year's Jul. recovery H was 7.34 and the early Jan.H was 22 1/16 RAGL Bernard

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