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Strategies & Market Trends : Technical Analysis - Beginners

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To: SteelBlueIce who wrote (1875)1/11/1997 4:15:00 PM
From: Stephen Zodkoy   of 12039
 
Jerry,

MSFT did come up on that no range, volume scan I'm running. Two others that came up in that scan that I'm looking to put my WPIC money into are.

ISIP, 3 weeks of no movment and volume increasing 25% per week (weekly chart) tells me to buy Mon. Also, MACD 5, 35, 4 turning up from 0. Also a real nice triangle and the 50 ema is putting pressure on the price to break the triangle. I havn't looked at EPS, RS, yet. What do you think? Buy now, or wait for the triangle break.

EF, came up on that same scan. The same MACD is turning up from below 0. Stochastics breaking a 20 and it's riding on my bottom B Band. The only thing I don't like is that it's just below it's 50 ema instead of just above it. What do you think???

Best,
Steve
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