SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Judy who wrote (11214)7/9/1998 7:17:00 PM
From: LastShadow  Read Replies (1) of 120523
 
DELL and AKLM

AKLM doesn't look like it wants to violate today's floor, but if it does it looks to lose 30% - the volume and # of trades dropped off, so I am guessing the runup is over.

DELL - both, and I am not making a joke here. There were a tremendous number of large block buys and sells, and even in the last 8 ticks it was still oscillating with the last four flat. The local maxima for DELL up until today was 98. Today's high set a new local maxima, and since it didn't retrench to the 98 level or below, my first thought was it would maintain its momentum. Up until about 11 am, when most of the large block trades took place it was under accumulation. The iffy part is the close. There was a huge number of transactions at close, and they were at ask (regardless of buy or sell). Both those two conditions TOGETHERb tell me its still under accumulation. I do have a net for DELL, and will run that tonight with MACR.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext