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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: BoNg-N-BoNg who wrote (5498)2/22/1998 10:21:00 AM
From: LastShadow  Read Replies (3) of 120523
 
DATM

DATM broke its 17.125 resistance level Friday on a lot of volume and ticks. It may have a slight correction (or bigger one if the market is down Monday/Tuesday), but as long as it stays above Thursday's high it should be safe for a hold. The next two resistance levels are 19.25 and 22 based on the October and December tankings. If DATM makes a relative high (breaks 18) then my guess is that it will run close to 20. 39 period stochastics are in great position, as is the money flow and strength.

lastshadow
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