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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (9623)10/18/1998 12:05:00 PM
From: Magnatizer  Read Replies (2) of 29382
 
Amigos y amigas

I have a little digging I need done. A company in my area EC (one of its plants is near me) has exploded last week. A few of the major clients of EC are MOB and MTC. With the recent upmove on supposedly bad news I think there may be something going on behind the scenes. Perhaps MTC needs to make a move soon to prove to its shareholders that it is commited to growth. EC may be a target. They also have exciting prospects in the year 2000 as MOB has a new process for them to perform starting then.

TA wise it ran right up to its long term downtrend where it found resistance but, EC has a history of moving fast and hard. If the downtrend is taken out it could move up quickly.

ht
david
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