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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: david sandel who wrote (5426)11/15/1999 12:04:00 PM
From: Jibacoa  Respond to of 13094
 
XCED: Has had an outstanding performance taking on account that in January 1998 was 2 1/16

It is trading at a new H. Today it tested the Nov, 12th H at 31 1/16. It has been on a good uptrend since November 2nd from the 24 level. That is where the main support is now at the 24 3/4 H of July 30th.

I would keep riding the present up-run with a close stop.
I am not familiar with the fundamentals and am just basing an opinion on the chart pattern.

Good luck

Bernard



To: david sandel who wrote (5426)11/15/1999 12:16:00 PM
From: Jibacoa  Respond to of 13094
 
BLSI: As you know has been a volatile stock in the past.
It had a large up-gap in JUly 1997 and a down-gap in October 1997.
The stock has not completely broken the down-trend coming from the March99 H at 10 3/4. S Sept. H was 6 1/16

The stock today is trading above the Nov.11 H of 4.43
Today it started strong with early intra-day H of 5 1/8 The nearest support is at 4 1/2 and the nearest resistance at 4.812

Bernard