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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Nietzsche who wrote (86066)	7/23/1999 9:20:00 AM
From: cgraham	Respond to of 119973

BLS for those who follow Harry Aloof..looks like BLS was overlooked. BELLSOUTH CORP (BLS-NYSE): Technical Viewpoint: From a low of $42 1/2 on June 25, 1999 prices rallied, reaching a high of $46.87 on June 30, 1999. A decline saw prices pull back, reaching a low of $44.06 on July 14, 1999. Another rally saw prices penetrate resistance line "A", closing yesterday at $46.31. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on July 20, 1999 when the Histogram crossed the “0” line to the upside. Support: Remains at $43.00. Resistance: Is at $48.00. Point & Figure: Reversed to the upside on July 20, 1999. A P&F downside reversal takes place at $43.00 Summary: Technical indicators have turned bullish. BUY! BELLSOUTH CORP (BLS-NYSE) @ $46 1/2 Stop: Use a protective stop of $44 3/8. Bellsouth Corp is currently trading @ $46.31 plus $0.81 on July 20, 1999. Price Objective: $62.50 Risk/Reward: $2 1/8 VS. $18 1/8. Ratio: 8:1