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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: j g cordes who wrote (8707)4/29/1998 1:35:00 PM
From: LastShadow  Read Replies (3) of 120523
 
Responses:

VVUS - I will revisit it in detail tonight, but at this moment it is trying to rebound, so I would'nt exit unless it goes below 10.25. I would like to see it at 11.25 to be conformtable right now. All the recent profit taking seems to have abated based on transaction volume, so I am looking for it to start bck up.

TXCC - its showing some upper resistence intraday, but as long as it stays above 11 it should be okay to hold. I don't see it going up to recent highs, but seems stable for now.

NANX - interesting intraday chart - it almost looks like its forming an ascnding triangle, which is bullish, but the volume sells says its getting ready to correct down. I know thats not real helpful, but for whatever its worth, I tend to go with the large block sellers and shy away until I see a clearer indication.

lastshadow
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