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

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

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To: lebo who wrote (21430)	1/7/1999 10:48:00 AM
From: Jenna	Read Replies (2) of 120523

PMCS was in my database also. According to my charts. PMCS already had at least 4 techical breakouts on Wednesday, RSI, MACD, Momentum and Stochastic.. according to the 170 and 130 minute stochastic.. Wednesday it broke out and turned to overbought. I would have probably sold it at that point.. but today although the stochastics are still hovering in overbought state, the momentum indicators are rising significantly and so are volume indicators. I think it's still a good position, if you are in I'd stay in. I'm not sure I would take a new position in it today but there is plenty of upside for the short/intermediate term.

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