SI
SI
discoversearch

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 : Dave Gore's Trades That Make Sense
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave Gore who wrote (1466)1/28/2002 12:39:25 AM
From: Dave Gore  Read Replies (1) of 16631
 
STOCK ANALYSIS: MENT - Adding to watch list - possible long trade very close.

Clearstation:
RS=78; stock price barely above the 13 and 50-day sma. Chart has been nicely positive since October like many others but has often dipped well below the 13, but never breached the 50-day sma. Recent good earnings may help prevent that again, but its stochastic is starting to get near overbought levels. Still room to rise though.


Bigcharts:
B-bands at 23.10 and 26.90 with 20 and 50 day support at 25 and 24. Momentum, OBV, and money flow all mildly positive last 3 days or so.

Stockconsulant:
85% bullish reading.

Upside Trade Upside Trade Help, Trade indicators for long trades.

TARGET 1 Price: 31.08 Profit: 20.7%
Stop Limit/Trailing Stop Limit: 23.67 Loss: 8.11%
Profit/Loss Ratio: 2.55 : 1 - Good

TARGET 1 POTENTIAL Excellent, there are 0 resistance areas on the way to Target 1

TARGET 1 Price: 18.97 Profit: 26.4%
Cover Limit/Trailing Cover Limit: 27.38 Loss: 6.29%
Profit/Loss Ratio: 4.2 : 1 - Excellent

TARGET 1 POTENTIAL Poor, there are 3 support areas on the way to Target 1

TARGET 1 SUPPORT -8.31% at 23.6 ± 0.82, type triple, strength 10

Conclusion:
I would be surprised to see this drop below 24. There is triple strength 10 support at about 24. It has a chance to run to 31 over the next few weeks if the market co-operates.
Excellent R/R.

clearstation.etrade.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News