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

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To: Jerry Olson who wrote (5793)3/8/1998 7:34:00 PM
From: Jenna  Read Replies (2) of 120523
 
RXSD..It is a good chart..but it will be better if it
pulls a little below the 7 day moving average. It is
very close to its 52 week high of 38.625. It had a DMI
buy signal on Friday, as well as CCI buy signal. I'm
expecting an MACD breakout this week as well. If NASDAQ
pulls back tomorrow and give it another day or two to
pull below 36. RXSD can easily give you 2 plays. One
after a slight pullback and another around 17-18th when
earnings come out. RXSD gave 5 points in 4 days on its
last earnings report, and it has pulled back. DH, STNRF,
LHSPF, among others all made new highs and broke through
all resistance after their earnings report.

REXALL SUNDOWN INC COM- RXSD - DAILY PRICES report day 1/12/98
DATE OPEN HIGH LOW CLOSE VOLUME
---------------------------------------------------------------
01/12/98 26.812 28.500 26.500 28.062 388,000
01/13/98 29.000 31.000 29.000 30.437 747,800
01/14/98 31.187 31.625 30.250 31.062 637,600
01/15/98 31.250 31.375 30.125 30.437 340,300
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