Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who wrote (18352)	11/11/1998 3:10:00 PM
From: Jenna	Read Replies (1) of 120523

more mail: MDDS.. CCIL CCIL was and is an 'earnings play' but the volume and spreads are not viable for trading, at least not so far. CCIL has done extremely well this year.. with a high 64.75 and low of 26.30 and is now trading at 64.18 It's year relative strength is 97th percentile, but it would have been better to buy and hold this for a short/intermediate term rather than as an earnings play. MDDS...'met' expectations but they were very high. Revenues improved by 96%. The stocks needs time to retreat also. The trend was pretty strong but the stochastics and both the MACD and MACD histogram were looking a little overbought. The lower than usual volume on such a day with a good earnings report confirms trend reversal. As long as MDDS does not go under support of 11 7/8 and bounces off that level it will recover.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next