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Strategies & Market Trends : Charts for Bottom Breakout

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To: Ed Huang who wrote (1721)4/21/1998 8:30:00 AM
From: J Walter Jacobs  Read Replies (1) of 3105
 
Ed,

ELCC looks to be breaking out of a bottom. Check stocastics,DMI, MACD, etc. Fundamentals don't look good but they have a very valuable franchise and licenses. Nearly half the float has turned over in the last two days with no news, hype or other apparent explanation. I don't think I have ever seen a more compelling chart but would like your opinion.

Walt Jacobs
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