thread
RE: TA of 13s for week of 5/11/98
volume, volume, volume
disclaimer: not intended as investment advise. please consult a financial planner and do you own DD before making any investment decisions.
this is a continuation from prior post #1412
stocks I have yet to TA: FRA, XYBR, IFCI, BUS, RAYS, AKLM, HBI, SNTKY, TOPS, TXB, CNTR, BPRX, BITI, SCLN
Plus 4s
none
Plus 3s
TLSP expect a gap Monday open. If no gap watch for break of 10.50 on volume to enter. Good short term trader then step out while the overbought status corrects itself. A good long entry for this stock would be a bounce of a 34 day MA
GCR trading vehicle. scary long candidate. Long term and short term strong. Magnets at 11.75, 12.125, 13.00, 13.50. Must be quick and experienced to trade this one
IHCC One weird chart. I would consider this a trader also. No trend established one way or the other. Looks like it wants to run. Short term target of 11.375
Plus 2s
MARG watch list candidate. turning into a basing mode
ALMI trader. not strong enough to consider a long candidate. Short term is very strong and if the IHS formation on RSI 3 breaks out it will make a nice pop.
CHKR Broke above long term downtrend resistance which it had been retesting from an earlier breakout in April. The recent breakout was on low volume. It could go either way at this point. Great watch list candidate
IMRI Watch for a retest of 5.70-6.00 area which is an IHS neckline. After a retest period it looks to move north strongly.
SCOC Has yet to retest the break of a long term downtrend. It may never do so but just to be safe it would be a good idea to let it base/decline before entering a long position. It is very strong in short term technicals and looks to make an excellent trader. Magnets at 7.50, 7.75, 9.28, 9.37. 9.50, 11.875
MOXY coming onto Long term down trend resistance. Break of it would likely send stock to a new all time high. Good watch list candidate.
ht
david |
