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: Hoyalawya who wrote (4124)	4/29/1999 9:33:00 PM
From: James Strauss	Read Replies (1) of 13094

LDII... Hoya: LDII just became a 13 the other day... This means its price just equaled its 13 week high... It dipped 1/32 today... Technically speaking, MoneyFlow is strong and the price is above its 13 day Moving Average... Both the daily and weekly charts show somewhat of a Cup and handle/Ladle formation... The next few days will tell us if there is a continuation of the up move or not... Fundamentally, the stock stinks... And, a reverse split is usually bad news... So, even though this is a 13, I'd be inclined to pass on it... Jim

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