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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (1205)1/4/1998 7:25:00 PM
From: Dave H  Read Replies (2) of 2377
 
some TA thoughts on DHTI, CHSE, ASIA

DHTI
TA-wise I can't see this one going up. lower lows, lower highs, recently made 52-week low and hasn't turned around or even taken a breather at all yet. All time low is two points away now ( 1.25)

i can't find anything that is pointing to a turn-around on this one, TA-wise.

CHSE
Interesting one. 12/19 & 12/30 lows define an initial uptrend.
I see the stock right below three downtrend lines, the biggest of them being the one defined by the highs made on 11/4/97 & 12/31/97.
If CHSE gaps up tomorrow, I see it pretty easily achieving 20 1/2, with the next target after that being 24 1/2.

ASIA
TC2000 BOP showing heavy buying. If it can break out from 3 7/8 it's got at least another point on it. 5 day RSI looks toppish as it's already turned around from high levels.

-dave
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