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Strategies & Market Trends : Attitude Small Stock Discussion

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To: mrc who wrote (199)11/11/1997 11:46:00 AM
From: James Strauss  Read Replies (2) of 385
 
HNV... GATE... INDE...

>>>First, I would like to thank you for RECY. It has made investing fun as well as profitable. Now to business: HNV, GATE, INDE. I would appreciate your opinion and recommendation. TIA<<<
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Thanks Rosalie...

Good picks... : >

HNV... Has Resistance in the 2 1/2 area... A close above that takes it to the 3 1/2 area...

GATE... In the Resistance Zone... Must close above 3 11/16 for a move to 4 3/8... A close above 4 3/8 could take itt to the 5 3/8 to 8.00 trading range...

INDE... Needs to close above 3 1/8... Afterward it can go to 4 1/4... A close above 4 1/4 can take it to 5 1/4...

Nice job of selecting tradable stocks... The key is to buy after the closing above their former resistance points... Also check for positive MoneyFlow and positive MACD at the time these stocks close above their resistance points... Finally, you want to see increasing volume...

Jim
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