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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Magnatizer who wrote (502)4/13/1998 11:12:00 AM
From: James Strauss  Read Replies (2) of 13094
 
IMAT...

David:

IMAT is being accumulated...

Take a look at its 89 day Regression Line... It is about to cross the 89 day MA... I have found a good correlation of positive stock price movement with this crossing... If you are able to move back in time day by day on the chart you will see the 89 day Regression Line swinging towards the 89 day MA... From time to time I have referred to this as the "Regression Line Swing"...

Jim
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