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

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To: Ryan Mak who wrote (35028)4/20/1999 11:56:00 AM
From: Jenna  Read Replies (2) of 120523
 
Something longer term: ENTU long 21 1/2 and GALT (not yet).. both had good earnings and ENTU pulled back after a nice intraday gain of 4 5/8 points. I'm currently looking like a "stock scout" for longer term positions and so far ENTU, ETEK, GALT, TQNT, are some that seem to fit the bill.

ENTU long at 21 1/2 in particular seems to have more upside since it had a double bottom breakout yesterday and was oversold and then with an earnings suprise, and good volume indicators it should perform better now. I'd wait until both stocks return 'to normal' with buying and selling pressure over and be considered

GALT next resistance level is at 24 - 23 7/8
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