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

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To: Jenna who wrote (42536)5/29/1999 8:51:00 AM
From: kendall harmon  Read Replies (1) of 120523
 
BMET-Jenna has asked that when someone posts a possible play and others of us have a comment or analysis, we chime in from another angle.

Take a look at the chart:

clearstation.com

I like the MACD line turning up and the fact that the stock is above its 13 day exponential moving average. It is still below its 50 day EMA and were it to move up to pierce that on good volume, it would be a good sign.

There were positive comments from a JP Morgan analyst back on May 7 when the stock was not far from the current price.

cbs.marketwatch.com
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