UJS - Urban Juice and Soda Co. Message Board

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Gold/Mining/Energy : UJS - Urban Juice and Soda Co.

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To: ShoppinTheNet who wrote (79)	2/21/1998 9:04:00 PM
From: chevalier	Read Replies (1) of 139

I just came across the chart on the company. I know nothing about their product or what they do otherwise but The technicals appear to be turning around nicely. Maybe that PR firm is doing something good for the stock price. The 10 day MA crossed the 30 day MA giving a buy signal around $0.80 and the stock broke through mild resistance at $0.90 which turned into support for the current stock run up. When the price touched $0.90 recently it snapped off that level quickly and in at the $1.00 range now. The problem is that after finishing a clear double top last June a bear market ensued and the key $1.40 support level was eventually broken through. This company is going to have a tough time getting past $1.40 on its way back up as big volume was traded in this range. Nevertheless, a turnaround appears to have started and this stock has at the very least finished its bear market run. Probably a good buy. Ari

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