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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (4536)6/24/1999 9:29:00 AM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Bernard:

SUMX is a low volume stock that needs to trade more than 20000 shares to make new highs... MoneyFlow is positive... As it approaches a double top test in the 13 1/8 area watch the volume... Anything less than 20000 probably means a failed test...

SEYE has neutral MoneyFlow and is in an intermediate term downtrend... Also, Short term Stochastics is dipping down... This stock hasn't bottomed yet...

BBSI is a very low volume stock... This affects your ability to sell when you want to... The intermediate term trend is down, but the daily charts are showing upward movement with positive MoneyFlow and good Relative Strength... Possible turnaround, but volume is troublesome...

XLTC seems to be losing steam as it nears a double top test in the 14.00 area... Stochastics has turned down and MoneyFlow is neutral... In past breakouts we saw volume > 100,000 on the up move... That's what I'd look for to be positive on this...

Jim