Hi Jenna
I just did some P&F on these stocks SRCL-GDYS-PFT.. What I like about Dorsey Wright & P&F it gives an overview of the sectors the stocks are in as well...
Any sector below 30% is oversold, and above 70% is overbought...same for stocks...
Right Now...SRCL is in the Waste Mgt sector in a Bull Confirmed 48+% RS is on a sell but if it break 15 1/2 "Blue Sky City"...
GDYS--a Retailer Bull Confirmed 68% RS is buy, broke a triple top on 3-2-98 is a Blue Sky Breakout...Right NOW!!!
PFT--also retail, RS is a buy, broke a double top 2-28-98, it came out of a Bulllish Catapult formation( Dorsey Speak)<g>.. and exploded straight up from 17 1/2 to 30...It has move 13 boxes(X's) up and usually I find 17 is the max..so it has room here...It would be a better buy if it retrace 3 boxes...and then went up...a 3 bos reversal is simply a "pullback", albeit a buying opp. on a trending stock in a trending market in a good sector...
Here is my current watch list...
ABT--EXTENDED BUY ON PULLBACKS
BLDPF--BROKE A TRIPLE TOP, "BLUE SKY BREAKOT(BSB)
BMY--GREAT CHART BSB...
CBTSY--BUILT A GREAT BASE AT 40ISH NICE CHART AND FLYING IN THE CLEAR..
HD--BROKE A DOUBLE TOP 3-11 BSB
ICIX BSB, NICE 3 BOX REVERSAL HERE IN A GOOD SECTOR
IMRS--BEAUTIFUL CHART BSB
KSS--EXTENDED WAIT FOR A PULLBACK, SPLIT STOCK PLAY, POWERFUL..
LOW--EXTENDED SAME AS HD WAIT FOR PULLBACK TO BUY
MLHR-- SPLITS THIS WEEK, LOOK FOR REVERSAL UP..NICE
NBTY--- STOCK SPLIT NICE CHART NEW 3 BOX REVERSAL, A TERRIFIC PLAY..
SGP--- READY TO RUN HARD BSB...
VOd--- READY TO EXPLODE GREAT LOOKING CHART
SOLD IMNX MAR CALLS LAST FRI FOR A 4 BAGGER, AND SOLD CA(I THINK TO SOON) IT LOOKS ready TO RUN TO 58...good volume
HOLDING ICN FOR THE SPLIT ON TUES OWN THE MAR CALLS already A DOUBLE, AND OWN PFE APR CALLS LOOKING FOR A MAJOR MOVE IN THIS STOCK..
Hope everyone is doing well... Regards, Jerry |
