Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (4079)	4/22/1999 11:10:00 PM
From: Jibacoa	Read Replies (1) of 13094

Jim: I took the liberty to look at some of yours "13" picks today. All that follows is IMHO. ESST closed down today, but it seems to have support at the 8 3/8 level. It dropped in the last 1/2 hr, but it did the same thing on April 19th and then opened on an up-gap on April 20th. EILL seems to be holding yesterday's big gains. The volume (even on the big move from the 0.60 area at the end of January) had been insignificant until yesterday. It may a 52 weeks high and it may test the 96 highs in the 3 3/8 area. AZR Also down today. It has support at 5 7/8 level. It made a temporary double top with today's and yesterday's highs.The highest volume was on April 20th when it gapped from the 5 1/8 area. If it can close above the resistance at the 7 level it may test last year's high around 10. I don't think it has the momentum to try 1996 highs around 14 ENC seems ready to close above this month's high.It still has some way to go to be able to test last January's high. Volume remains low. NSS It closed above March's high and seems now ready to close above January's high also.It has a lot of resistance from last year in the 13 to 14 area, but remember that in 1997 it had a NICE RUN from this level up to the 40 area!! DXYN Although the volume remains low. it moved OK today, and was able to hold yesterday's gain. It seems ready to test last January's highs.If it can do that it will have to face the resistance in the 11 to 11 1/2 area before trying for last year's high around 14. SDIX Also low volume, although it has picked up some in the move from the 2 1/2 to 3 area in the past week.It seems ready to make a high since the start of the year and is breaking the downtrend coming from the highs around 4 7/8 in last year's first quarter. PLPT Again low volume, but it picked up near the close yesterday, when it was trying to overcome the April 14th high.If it is able to do that,may be the volume will increase like during last year's run from 1 3'4 to 7. If you ask me, of the aforementioned I will go with NSS. Good luck to all.

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