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

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To: Doug Robinson who wrote (25339)2/22/1999 9:55:00 AM
From: Jenna  Read Replies (3) of 120523
 
<<IVX>> IVX is an alternate earnings play. Stock #1 from today's watch list breaking out big. Long #5 from february 24th, Long #2 from February 23rd Long #2 from today's watch list. Still holding CMCSK, MCSC,CMD, SCH,ADLAC, ANF,MIR, MCSC and our only pick from Friday's Calendar, ALSI were both up over 12% on Friday.

IVX reports today look for some anticipatory upswing. MACD is bullish and the trend is very strong. Price was still under support of 13 when it closed on Friday Relative Strength is fine and so are the McClellan, Klinger, On Balance Volume indicators. Money is flowing into IVX. Price was below support on Friday. I was looking for it to hit 13 1/4 and above would constitute bouncing off of support. Earnings coming out and it looks for a positive quarter from a negative quarter.
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