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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: Teresa Lo who wrote (69950)11/9/1999 12:23:00 PM
From: Teresa Lo  Respond to of 120523
 
EGRP - Some thoughts on recent price action.

EGRP - Break to the upside of a trading range find sellers first, but that's not uncommon. The real key is to see if it can hold here and consolidate gains. Next target overhead is in the $40 area if it can hold right here. Let's look at the intraday chart.

intelligentspeculator.com

We can see a big triangle here confirmed by contracting volume. Watching to see if the 20EMA65 holds. If so, then it can move higher to the next target overhead.

intelligentspeculator.com