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: SMALL FRY who wrote (36329)	4/26/1999 9:37:00 AM
From: Hope	Read Replies (1) of 120523

USWB - I did a nice technical analysis report this weekend, didn't have time to post it and forgot it at home today. USWB is BUY. Here is why (from memory so please excuse some vagueness) Stock oversold, stochastics MACD Histogram about the cross the zero line MACD very low relative to prior stock activity Price retreated to 62% Fibonacci fan from prior uptrend and is currently riding it. Price currently in a pennant formation which is about to break. Should break to the upside to continue the prior uptrend. H&Q presentation tomorrow. Lots of shorts that will cover if price goes up just a bit. Hope this helps, Hope

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