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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: pipick who wrote (17153)10/28/1999 8:46:00 PM
From: Ken W  Respond to of 29382
 
pipick,

Here is what we are looking at with IHII

timely.com

The stock got a bit ahead of itself for now. The $4 trades are above the top of Mr. B's band. and just above the 50dMA. The gap created by today's move will have to be filled before upward movement comes longer term. Looks like your "on the dip" buys will be in the 3.375 area give or take a 1/16. If you stay above the 4 dollar mark then, as you know, the 200dMA above will become resistance just under 7.

I'll go into the stock TA deeper some longer term indicators if you like. BTW...your favorite stock did me another point yesterday :-) Love that 15 support!

Ken



To: pipick who wrote (17153)10/28/1999 10:09:00 PM
From: Sergio H  Respond to of 29382
 
Hi Pipick. I think that you're right in stating that the reason for today's strength in IHII is due to speculation that new financing is coming. Favorable terms would naturally spike new interest in the stock. Looks like IHII has found a bottom, even if it retraces today's gain.

Sergio



To: pipick who wrote (17153)11/7/1999 3:14:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Ola Pipick. Earnings are due this week for IHII and ACRI

IHII is getting more attractive. With the stock selling below book value, the support is at the 52 week low. Not much downside. If IHII's earnings are well received, the price target is $6 by January.

ACRI's chart indicates a test of it's support at 14 3/4.

timely.com

Sergio