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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Frederick Langford who wrote (2832)2/13/2002 3:27:56 PM
From: Dave Gore  Read Replies (3) of 16631
 
Fred, EASI has strong, steady LT growth. It is perhaps a little ahead of itself as it has risen over 20% in the last 3-4 weeks. But it is making a conference preso today, so it could go up from here, too, if anal-ysts are impressed.

Poor spread when volume is low.

It is nearer the upper end of the B-band range and a drop to 34/34.50 would be a retrace to its 20 and 50 day support.

Lower b-band is about 29.20 and upper about 38.70. Money flow, OBV, and momentum look ever so slightly weaker over the last week or two.

Definitely one to watch closely.
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