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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: incomep who wrote (28652)10/7/1999 10:37:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
I run the scans on the market indices as well. I have four potential reversals.

BTK - Biotechnology
GSV - Computer Services
RXP - Healthcare Products
XOI - Energy

Below is chart of Healthcare Products

timely.com

In my corelist, I have two health-related stocks with a buy signal. BDY - Bindley Western and AHP - Amer Home Products.

AHP just triggered a MFI (Money Flow Index) buy signal, a 50-day moving average crossover, and Price Phase Indicator (10/40 day moving average variance) is turning positive. Also has made a bottom on the chart.

EDIT: If it can move above 47-48, it will also have a BRL breakout and a breakout above reaction highs in the base.