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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: MrBuzz who wrote (4661)2/15/1998 8:34:00 PM
From: James Strauss  Read Replies (1) of 4701
 
CS...

>>>Comparing HYBR with CS, I say CS has a better shot of going up
than HYBR. CS is above its MA and the stochastic shows it coming out of its 20% level. In addition, the volume is picking up. My money is on CS.
<<<
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Mr. Buzz:

CS came up on one of my NYSE breakout scans last week... I like it for the very reasons you stated above... A move to over 23.00 in the short term seems very likely as there is no overhead resistance until that price range... Also... The Gap between 19.00 and 23.00 adds rocket fuel to the up move...

Jim
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