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Technology Stocks : Creative Labs (CREAF)
CREAF 0.470+4.9%Jan 12 9:43 AM EST

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To: Douglas V. Fant who wrote (6014)11/24/1997 12:01:00 AM
From: BZOOKA  Read Replies (1) of 13925
 
MACD signals on CREAF per Friday's close:

Buy Signal:
Day Breakout 5.0 (positive crossed Zero line upward)
Day Value - 6.0 (Height of signal line in negative which is great,per
Gerald apple quality of a breakout is best when it occures far from origin,so the lower value the better for a buy signal and lot of room for the stock to move)
Day HST 20.0 (Hight of the histogram from the signal line, the higher
the histogram after a breakout the better cause it shows the greater amount of divergence)
Day Delta 8.0 (The change in the histogram height from previous day)

Sell Signal:
Day Breakout 5.0
Day Value - 12.0
Day HST 16.0
Day delta 7.0

The above data suggests in case of a breakout the stock will have lots of room to move up to cause of the MACD Value and in case of a downtrend not much to go down again cause of the Value.
A stock with a value of 120-180 would have the risk of a sell off and therefore a good short candidate.

Also the way Creaf has bounced back off of 26.75 couple of times
and how it has closed above 28 shows that there is a good chance of a breakout to go through the 30 area.

Take it for what its worth.one thing is for sure ,we will find out which way it goes in the next few days.

Good Luck to all
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