Z Best Place to Talk Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Z Best Place to Talk Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who wrote (13965)	4/12/1998 11:29:00 AM
From: DanZ	Read Replies (1) of 53068

HWP, TXN, USW, RDC, CD, PEP, FRO, PAUH. Thanks for the list, Larry. Here's some quick comments. HWP: Looks great for a move to 63 1/2 to 64. TXN: Looks good as long as it holds 51 for a move to 57. I like HWP better (and of course VLSI LOL) USW: I don't have a good feeling about this stock. While it is trading near the lower daily bollinger band, the money flow has been poor recently and it left a break-away gap a few days ago after it came back inside the upper bollinger band. In addition, the weekly chart is very extended and I think there is a lot of downside risk in the stock. I'd keep a stop at 53. RDC: This stock is trading in the middle of the daily bollinger bands and doesn't interest me right now. However, I think the chances are good that it will trade to 31 or 32 if it gets through 29 1/4. CD: This stock broke down below the daily bollinger band on Thursday and there isn't enough data on the weekly chart for me to get a feel for it. I wouldn't buy it. PEP: This stock has an unfilled gap between 40 5/8 and 41 3/4 and I wouldn't buy it unless it came down to fill it and bounced. FRO: This stock tested the lower daily bollinger band last Thursday and bounced. It looks good as long as it holds 30. Resistance is between 33 and 33 3/4. PAUH: This stock wasn't on your list but it's on mine. gg I think it has completed it's retracement and is heading for a retest of 12 1/2. The stock closed above the middle bollinger band on both the daily and weekly charts last week and has very little resistance if it gets through 12 1/2. Out of your list, I like HWP best and FRO second best. AAC (a Z holding) is trading near resistance and I might sell it next week. KLIC (another Z holding) doesn't look all that great and I might sell it as well. We can move that money into HWP or FRO if you want to sponsor one or both. Dan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next