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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: DlphcOracl who wrote (74281)12/5/1999 11:45:00 AM
From: kendall harmon  Respond to of 120523
 
Dlphc, I play dumpers bigtime and have had my eye on INPH for a while. The trouble is, like EXTR and PLMD and others, it is now a broken mo-mo stock. Trading under both its 50 day EMA and 13 day EMA now:

clearstation.com

These kinds of plays are very, very difficult to call in terms of a meaningful bottom. The best thing to do is to wait for consolidation and a meaningful move up. As the chart shows, this has not happened yet.