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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01
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To: Ken W who wrote (8668)5/7/2001 11:15:38 PM
From: Jibacoa  Read Replies (1) of 13094
 
Hi Ken.

Sorry that I didn't answer you sooner, but had some friends from out of town that came to see the 2001 Air & Sea Show in Fort Lauderdale and went out with them for lunch.

As you mentioned, ANSR seems to have formed a base at the 4.75. Its nearest resistance is now at the April 30 H of 5.65 and then the April 10 (6.20) & April 19 (6.25)

If it can go through those hurdles, then it could test the February 21 H at 8.56 or the February 15 H of 9.06 (Those could be good % gains)<g>

In the week of Nov.24 last year, there was a drop in the price from 14.75 to 6.50. From June through October last year,it had shown resistance at the 20 level with support at the 12 to 13 level.

I didn't like the latest insiders report:

biz.yahoo.com

The revenues have remained pretty good but the earnings have deteriorated, albeit they are still slightly on the black and the loss for the last Q was small at $200,000

I have been playing GGNS (after the up-gap on May 2)and BINC after the up-move on May 3.

Also watching HLIT for possible break to the up-side of the April 20 H at 5.46 and RRRR for a similar up-break of the March resistance at 2.18 to 2.21

But I still don't like this market.<g>

RAGL

Bernard
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