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Gold/Mining/Energy : JAB International (JABI)

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To: Roebear who wrote (3250)3/24/1998 8:39:00 PM
From: DDS-OMS  Read Replies (2) of 4571
 
Robear,

Four indicators I think are of value in a low priced stock:

1. BCMD today broke through trend line established by highs on Jan 8 and Feb 2nd.

2. The 9 day moving average (DMA) crossed up through the 21 DMA last Thursday. This is the first time the 9 DMA has been above the 21 DMA since it fell below it on 12/24

3. BCMD is 1 cent below its 200 DMA--widely followed indicator and important if can trade intraday +1/32 tomorrow.

4. Although short-term overbought, the longer term oscillators like the 55 day Stochastic of RSI clearly bottomed 2 weeks ago and are finally turning up.

Seeing a lot of buy signals.

Regards,
Gary
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