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

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To: Jenna who wrote (9731)5/28/1998 12:02:00 AM
From: Jenna  Read Replies (2) of 120523
 
More on VTS... (from e-mail) chart is so interesting. Money Flow Index is lower than last period and the volume has increased. Trend is stalled and this happening BEFORE earnings coming out is very important. I don't think VTS's price includes the earnings increase. I would expect at least YrHigh 56+ at a good earnings report. Year high is 60.88, I would probably not hold longer than 2 days although I think VTS is a good prospect. According to Value indicators VTS has a Value of $92.00 per share, with a growth rate of 33% a year. I think it's chart is similar to CXIPY and it's got more steam left for a good trade. Unfortunately you are swimming against the current if the market is down yet again tomorrow. I think all things considered VTS will be a potentially good trade in the next 24-48 hours.
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