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


To: theshaker who wrote (17371)11/13/1999 11:03:00 AM
From: Sergio H  Respond to of 29382
 
Doug, AIRM's fundamentals are improving and the technicals are great. First look at the stock's historic chart:

quote.yahoo.com

I use Yahoo's chart, as it is very basic and gives me everything I need in order to get a historical perspective. In AIRM's case, it's easy to see that the stock has been on a slide from 50 to its precent level AND that it looks like the slide is reversed - see the moving avg. crossover?

Looking at the technicals more closely:

timely.com

I like using Timely Charts because it is easy to spot gaps as well as an easy read on the moving averages. In the above chart, you can easily see that AIRM is riding on its 10 day moving avg. and has been finding support at the 50 day moving avg. when it needed it. Nice uptrend in progress.

IFLO's chart is currently negative.

timely.com

We have a recent negative moving avg. crossover, but the uptrend is still intact. Support is at 3 1/2, where the 200 day moving avg. lies.
There's nothing negative in the fundamental picture, so you can bet that I will be backing up the truck when IFLO nears 3 1/2!!!!!

EGPDF - Not enough chart history to give a good reading. Fundamentals is what you need to concentrate on for this stock.

Sergio