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

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To: James Strauss who wrote (530)4/16/1998 3:52:00 PM
From: James Strauss  Read Replies (1) of 13094
 
IVX...

13R's:

IVX and other pharmaceutical companies dipped in sympathy with Merck today... When the dust settles investors will see that nothing has changed with IVX... The TA and FA are still intact... Buying dips of selected companies increases profit potential...

Here is a weekly chart that shows big upside potential:

iqc.com

Notice the open Gap in the 15.00 to 17.00 area... Most Gaps eventually get filled... Filling that Gap at 17.00 would appreciate the stock price 74% from current levels...
Jim
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