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Pastimes : JAVC - Java Centrale

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To: John Leach who wrote (188)9/28/1997 2:34:00 PM
From: James Strauss   of 279
 
The Technicals Say An Upside Breakout Is Coming...

John:

JAVC is in the midst of a turnaround, so the fundamentals won't look great... Their divestiture of unprofitable businesses leaves them in a position to focus on their core business...

A look at the chart shows the formation of a Reverse Head and Shoulders pattern... The right shoulder is now forming... A break to the upside will, at least double the stock price from current levels... After that, the going gets easier to the upside...

The next 30-45 days should tell the story...

Jim
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