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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (3273)4/18/1998 9:26:00 PM
From: Sal D  Read Replies (1) of 29382
 
Sergio a quick look Ill start putting them through the regular paces on Monday

EATS - I would look for a little rest here. Unless it powers over 6 1/2 on volume. I do feel its set up for a continued uptrend.

REAL - Basically still in a downtrend. I dont think it has it in it for a turnaround.

NAVR - What happened, there must have been some good news, more than doubled in the last 2 weeks on heavy volume. Closed above 5 1/2 witch was good but I would wait and see what develops, thats some move to sustain. Keep an eye on volume, again I would look for a rest but this one might go.

AMI - Has taken a beating since September. Still heading down. I dont see it turning around(unless like Preston says there is some good FA news)

MEA - I see it going sideways. It just had a nice run and could continue higher. Resistance around 37 5/16 a close above that could start another move up, a close below 35 1/5 could bring it lower.

No FA done on any of these this is just a TA perspective.

Joe
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