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


To: James Strauss who wrote (5626)12/6/1999 11:06:00 AM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

Take a look at FARO

I have started to take a small position on it.

The Up-gap on the spike to 5 on Dec.1st has been closed. There is resistance at the 4.375 H of Nov.17 and 6 H of Aug6.And after that the 7 H in February.

They reported a 40% increase in revenues in last quarter with a smaller loss. They have also announced a contract from Boeing for their CAM2

The NASDAQ remains up (33.91 at present but the DOW is back on the down side by 5.51. Will see if it can stay above the 11200 level)

Regards and good luck

Bernard



To: James Strauss who wrote (5626)12/7/1999 8:17:00 AM
From: Cola Can  Read Replies (1) | Respond to of 13094
 
I use Worden Bros. TC2000 charting software... Here is the scan used there:
C < 10.01 AND C >= H65 AND C1 < H65 AND BOP1 > BOP1.1 AND BOP1.1 > BOP1.2 AND BOP1.2 > BOP1.3 AND V >= 1000


I've been using TC2000 for about a month now. I'll punch
those scan parameters in on my system.



To: James Strauss who wrote (5626)12/19/1999 1:24:00 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
Re-working The 13's...
$$$$$$$$$$$$$$$$$$$$$$$$

I'm trying to optimize the 13's formula... I may use a 13 week average rather than a 13 week high... I'll let you know when it's done... In the meantime here are some interesting turnarounds...

UCP OCR LJPC MANH LB

All are trying to come off a long term base with strong Relative Strength... These type of strong Relative Strength patterns usually lead to higher prices... Using MANH as an example, the weekly chart shows a nice turnaround:
siliconinvestor.com

Note the 5 week MA above the 13 week MA... This shows a sustained trend in place... The last time the 5 week MA crossed 13 week MA was in 1998 when the stock climbed from 15.00 to 27.00...

Jim