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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (64933)10/7/1999 4:08:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
By next month, I'd like to have the calendar changed to show the changing technical position of the stock. Perhaps not the entire 30 days at one time but we could color code the stocks according to neutral, at or very near support, at or very near resistance, not exact buy signals yet but ranges. A red area would be below support similar to where ADRX is now, If a grey area that is neutral changes to say blue for support and then green for resistance (with an allowance for a 2% deviation). The newsletter referring to the calendar will of course be including stocks in the support and above area. If a stock like MNMD would recover it would go from the red to the grey or its a large pop right into the green.

You will soon see how when an earnings play gets an 'upgrade' it will pop right into the green area (buy signal) and sometimes if will keep going from there up until the earnings report. Usually news of that sort will trigger a move like that. It did with both AMCC and APW which both got upgrades and both charts began to heat up. APW is still a strong uptrend, and AMCC well AMCC is just gorgeous.