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Strategies & Market Trends : APMP (formerly APM)

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To: Schafe who wrote (2126)8/20/1997 11:52:00 PM
From: Rudy   of 13456
 
PICKS PICKS and a lot of great looking PICKS:

After some study tonite, I like to share my research with you guys. I will touch each candidate shortly:

1. PAIR: This became my favorite just now. Now at 25-3/8 It gapped up today with huge volume - very bullish. Just crossed 30 WK MA at 24.8. 14 WK RSI has just crossed over 50 from oversold area (bullish). Daily trend is up and oversold (expect short term pullback). 200 DMA is at 27-1/4. 13 day ADX is just moving from below both +DI and -DI (directional indicators) to between them. 4th day of ADX move will confirm a trend change. This is also bullish.
Mid-short target 30-31. Longer target 40.

2. XIRC: 2 week ago's pick. Very bullish cause just breaking 30WK moving ave at 15-3/8. 13WK RSI is at neutral (53). Broke from a long symmetrical triangle (very bullish). 200DMA is at 17. Short target is 17 9strong resist there), after that next target is hi 20's.

3. PCMS: Broke from 16month base! (Long ascending triangle) Break with hi vol. ADX is at 4th day of moving up to between -DI and +DI (VB - Very bullish). Daily stoch. is oversold, pull back possible. Wait pullback for getting in. New virgin territory with no resistance.

4. SHI (Shanghai Petrol): Huge volume accumulation last 10 weeks. Messanger of a lot of upward move. Broke from 28 mo. base. No resistance. VB indeed! One needs to check fundamantals of this chinese company.

5. SNDK is in accummulation last few weeks for a huge move up. If it breaks 25 with large vol. look out. 13 day directional is just turning bullish with +DI crossing -DI.

6. UTEK (26-1/2) Long base. Watch carefully for a break above 30.

7. ADPT is moving in virgin territory. Slow but good looking move up.
Must be caught before extending too much from base.

8. SGI: (27) will break into 52 Wk hi at 28-1/2 and if it passes 30-1/4 will break a 20 month base. Volume is high last few weeks. Target is 38. Pick entry point btw 28-1/2 and 30-1/4 or above both. Watch for good volume for entering.

9. XYLN (19-5/8) Moving up. Broke 30WK MA this wk (17.881) with good vol. RSI ia still oversold just moving above 50 (47.7 now). 200 DMA is 22.31. If it breaks 200DMA target is 33 (50%!) ADX is VB.

10. ASTX (20-1/8) last 3 wks it had good accum. Wait it to break 22 to virgin territory.

11. BGEN: Just broke resist at 40. Target 48-50. Daily trend up and ADX is bullish. Volume was insufficient in todays break so maybe a fake one.

12. KLIC (50-1/2): passed all time hi and in virgin territory. Needs consideration (I had it and sold it at 25 in February silly me :-))]

13. DS is building a new base (4mo old). Needs to be watched.

My favorites among this bunch are PAIR, XIRC, PCMS, and SHI. I have to do some minor FA to decide. I am seriously thinking of dumping some of my APM and shifting those funds.

Good luck to you all.
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