Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (35063)	11/8/2001 8:07:37 PM
From: Johnny Canuck	Read Replies (3) of 68076

Tuesday International Business Machines Corp. (IBM) jumped 4.20 to 114.19. No news. Tape Action - Very Bullish. IBM extends it recent rally that began when it was 90 in September. The stock has been showing consistently good up tick volume. Today's strong showing signals good potential for it to move even higher. Hewlett Packard Co. (HWP) moved up 2.90 to 19.80. Hewlett family with 100 million shares to vote against Compaq merger. Tape Action - Very Bullish. HWP rises with very heavy volume of 34.7 million shares. Up tick volume is a powerful 3.3 million shares. The strong action indicates the stock can move much higher. Intel Corp.(INTC) advanced 1.20 to 28.20. No news. Tape Action - Modestly Bullish. INTC drives higher with good up tick volume of 1.8 million shares. The stock should move back into its prior trading range in the low 30s.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next