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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (13448)3/17/1998 10:25:00 PM
From: Ocote  Read Replies (2) of 79470
 
Gentex GNTX

Next leg up of this great stock is beginning. This stock demonstrates so many of classic Dougian concepts. I first picked it up on a cup and handle breakout in Decmber. It has been trading in the 30 - 32 range since January, resting for the next leg up.

Long term Stochs stay above 75

89 day CCI breakout yesterday

13, 8 day RSI breakouts of a tight downtrend, hinted at by a breakout of the 3 day yesterday.

13,8,8 Stoch breakout.

And from the fundamental side
biz.yahoo.com, nothing like preannouncing you're going to beat earnings estimates.

Ocote
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