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

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To: Crossy who wrote (7459)4/10/1998 1:25:00 PM
From: LastShadow  Read Replies (1) of 120523
 
Stocks

SQNT and TQNT I don't see going anywhere but down soon, so you are right to let those go for a few months

MPDI - does have a nice chart, and needs to stay above 7.5 on Monday and hopefully close above 7.625 to generate a buy signal.

Same with RFMI - 14.25 lower range and better to move above 14.625

PWAV - Since I am position trading this one, I never bother to forecast how high it could go in what time frame after the initial stock screen. I intially figured it could reasonably double, so after that estimate I forgot about it so as not to predisposition a hold mentality (stuff like that happens when you get old...) My upper guess would only be about 30 though, due to other considerations. The next big hurdle is 18.5 from my chair, if we can get past that one, then the gap down threshold of 21. But, first we'll needto get through Monday's profit taking...

lastshadow
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