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

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To: Jenna who wrote (7325)4/8/1998 10:31:00 AM
From: rocklobster  Read Replies (1) of 120523
 
Jenna,

I bought AFCI at 35 1/2 this morning and have been following it. It looks real strong up 2 already and really flying What would you have as a target sell. It looks like short term its in a minor downtrend and has resistence at 37.5 but do you think that the positive earnings expectations are enough for it to break out over 40 or would you just sell it immediately and take the 2 points. Thanks for your input.

Later,
Richard
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