Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Char who wrote (5631)	3/1/1998 8:51:00 AM
From: LastShadow	Read Replies (1) of 120523

UTI thresholds: UTI will be on tonight's watch list, but I would like to point out that it has been bouncing some in its current range. The thresholds it needs to clear are wonderfully simple - $14, $15, $16, $19, and $20.The first two are minor reversal points, the second two are interim ceilings, and the last is the recovery point from the down gap several months ago. Basically, if UTI clears one threshold, and doesn't penetrate the next within 2-4 days, then you would sell on the intraday reversal, but not the leveling. lastshadow

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