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

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To: electra who wrote (15668)9/27/1998 1:45:00 AM
From: Jenna  Read Replies (1) of 120523
 
IDTC: "Earnings Play" From Descending Triangle to Ascending Triangle 7/29/98 to 9/25/98. IDTC is a good example of a stock which went from a Descending Triangle marketgems.com and prices falling below support to plummet..to an Ascending Triangle marketgems.com from 8/30/98 to break through support upwards and surge 40%, breaking past resistance as well. Is this "Anticipatory Upswing" in face of a good earnings report on Monday or is this purely a technical recovery? Probably a little of both..

These charts will also be in "The Well-Informed Trader" section on the Market Gems Website.
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