Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Magnatizer who wrote (2192)	7/7/1998 12:23:00 PM
From: James Strauss	Read Replies (1) of 13094

VRTY... David: Another way to look at VRTY is a Reverse Head and Shoulders formation on the weekly chart... This is a two year old formation... The neckline is in the 10.50 to 11.00 area... This means a possible pullback to test the neckline before advancing... The Fundamentals are so so... Earnings and Revenues are down on a yearly basis... Price/Sales are a hefty 3.86... This indicates that more revenue is needed to justify the current stock price... The last Qtr is hinting at a turnaround... stocksheet.com Jim

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