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

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To: James Strauss who wrote (9575)8/30/2001 5:52:46 PM
From: Jibacoa  Read Replies (1) of 13094
 
<<ADLT looks pretty good... It needs to close above 3.60 to stay above the 50 day MA...>>

Jim: As you said, it looks pretty good and it made today another intra-day H at 3.75 on its pretty steady up-trend (on the 15 min.chart <g>) since it started from the 2.50 level on 8/24

I sold today at 3.58 and would consider buying back if it can move above its 10.30 10.45 & 11 AM triple-top (on the 15 minutes chart <g> ) at the 3.59 level.

Again, I would consider buying it back if it starts moving over the 3.60 level with increasing volume, with a close stop at 3.55 and also with plans of selling if it can not go over the 3.75 level.

IMHO you need to keep things under a short leash these days. <g> Notice also that there was a good drop on OBV on the 15 min. chart today.

siliconinvestor.com

RAGL

Bernard
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