To: Doug R who wrote (196 ) 7/6/1999 1:28:00 AM From: milesofstyles Read Replies (1) | Respond to of 670
doug, been outta town again all weekend so i'm not gonna get to all the hits...but, you'll remember this one hit the scans on thursday and at the time we discussed the volume as obvious. i have been looking at fclx tonite, and i'm thinking this has great potiential, the hard right edge is a triangle breakout as of friday. the change to the chart thursday picked up by the scans telegraphed this...finance.yahoo.com yeah, i was curious...lol to start i'm looking at an upper channel line dated 12-29, that the stock just stepped over to complete the triangle bo. this seems to telegraph a significant possibility of a new trend dynamic smi's are in excellent position for a strong move still, i'd call the scatter in very favorable position. plex dt broken some volume stuff, ad is in vertical mode mfi 8/34 x'd in excellent position, 55 and 89 in extremely strong positioning obv running away pvi at new hi's macd appears to be ihs bo, here in lies perhaps my only concerns as to its high positioning in conjunction with the spreading of the movavgs in general. the histogram is out but i'll be watching for some form of larger indication via the histogram dt line. cci's are strong across the board, 3x13 , long terms ihs positioning strong rsi profile, day one of a trick bo on thursday too, sheesh, but day one didn't finish outside the pattern bo, so i'd still call it strong instead of late, supporting intermediate launch move stochastics strength also apparent. again, short term launch setups to support already strong intermediate positioning. well, if ge capital swings any weight(heheh) and volume sustains strong levels, i bleev this one is gonna go ballistic. i gotta give it a pretty hi score. milesov