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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: Ron who wrote (74380)	12/6/1999 12:56:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

HHNT good call from subscriber via PM.. looks like it just broke out ascending triangle formation to the upside on DAILY chart which is a stronger signal.. breakout at about 14 7/8. Surpassing resistance from October 11 for the first time. Good potential here OF course do your own DD.. Nasdaq is extended so I would look for stocks like these that are in retracements towards previous high levels rather than spikers that are headed for a correction. Note the last three bars ( 15 minute chart) were on consistently larger trading range.. but the last was a doji that gapped slightly from previous bar and closed and opened a the same price.. Could be sign that HHNT is having trouble with staying above 15 which is resistance for it. Yet on the 10 minute chart that last bar signifies a bullish Belt-Hold which is a tall white candlestick which opens at the lowest price of the session. So you can really decide if you want to go with a stronger signal and avoid the whipsaws of the shorter term charts.