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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: AlienTech who wrote (1712)7/11/1997 10:50:00 AM
From: LastShadow   of 120523
 
ESST & APM

I'd like to see ESST break 16.5, which has been its upper resistance since its big fall. I really expected Ess Technologyto start recovery by now, but its just one of those I will watch to see if it breaks and remains above 16.5

As for APM, on 7/9 I posted the following:

"APM - This one has been a screaming buy for the last four days - three of which gapped at open. The gap and subsequent strong, level tick last Thursday (7/3) was the buy signal (around $23). I plan on holding this one for some decent growth for awhile. Its still a great bargain at current prices. It's well postioned in its trading range..." blah, blah, blah.

I guess I don't understand the "APM 1998 $7 from Solomon Bros". Help me out on this one. I would really like to see this one close above 26, and if you wait for that to accumulate you will probably be assured of the reversal. It has two Strong Buys and 1 Hold from analysts and is looking to generate 232% more earnings at FY end in Sept than last year. I've set the stop at $24.5, and will move it up as the lower resistance improves.

lastshadow
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