ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: Goulds who wrote (3304)	3/12/1998 9:24:00 PM
From: stan s.	Read Replies (3) of 7054

TA on ACRT. Only one chart tonight. There isn't too much that's changed since last night. A simple unencumbered chart. See last nights for more info. Today marks 6 consecutive up days. geocities.com All the momentum indicators have given buy signals. All are in a bullish divergence leading the price higher. This includes but is not limited to Stochastics, CCI, RSI, Williams %R, MACD, Chaikin Accumulation Distribution Oscillator, Money Flow Index. On Balance Volume etc. et. etc. Some of the above are not momentum indicators per se. Last night I was in error when I said the volume was twice normal...it was and is again today 3 to 4 times normal depending on the time frame one uses. Volume is an extremely valuable indicator of strength. I've left this chart very simple...at the bottom you can see the 6 day cross of the 10 day moving average. I consider that an additional buy signal when confirmed (as it has been) by all the other buy signals. The top box shows (white is MFI) the extreme divergence of the Money Flow Index with price. A very bullish divergence. Also note the cross of the white by the red......follow the blue line down to see recent results. Note they coincide with the moving average cross buy signals in the lower box. The only remotely bearish sign in this chart is the Candlestick formation. A spinning Top...can be a sign of a rally beginning to tire. Use your judgement...I see no confirmation of this. As always, use TA as an aid in entry and exit points....not the determining value of a stock. Please click on my profile to view a myriad of other charts, indicators and TA of ACRT in the last few days....last nights chart was considerably more extensive. One would be hard pressed to find a more bullish short term chart. This weekend I will show more mid term outlooks for ACRT. Remember however, news and PERCEPTION of news rules this stock for now. Stan

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