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

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To: Bob Misita who wrote (2884)10/1/1997 9:18:00 AM
From: LastShadow   of 120523
 
MANU:

Manuguistics generated a Short signal on 9/24 at 43.00, and a Buy to Cover signal yesterday afternoon when lower risistance improved from 35 to 35.5 - However, I don't know if that was just an end of day rally for it or whether its in a reversal. Neither the REI or the net show anyting telling. Technically, its in a reversal that could drive it all the way back down to 26, although I would be surprised to see that happen. At this price level, MANU is a great price, although I will need to see some continued improved resistance and improved ask for a five or six hundred thousand shares before I jump back in.

lastshadow
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