To: Tigress who wrote (2822 ) 12/10/1999 2:59:00 PM From: Ms. X Read Replies (1) | Respond to of 9427
DWA - Idea Generator. Ideas are posted daily in this link along with basic fundamental information, PnF chart and commentary by a DWA analyst. Great place to get some trade ideas. Here are three from today... Clear Channel Communications - CCU As can be seen from the chart below CCU continues to perform well trading above its uptrend line. After falling off in October CCU has begun to come back strong. The stock was able to find support in the 69 area after giving two sell signals. Once this bottom was found CCU was able to rally straight up to the 80 area taking the stock through the downtrend line thus changing the trend back to positive. CCU has given three consecutive buy signals and was able to marks a new chart high at 88 before pulling back. Most recently CCU has formed good support in the 80 area holding there on two occasions. The stock has also just recently broke a double top at 84 and we could now see a test of old highs. The RS is positive and the monthly momentum has just flipped positive. On the fundamental side both Bank of America and Thomas Weisel Partners rate CCU a "strong buy". Okay to play here with a stop/hedge point of 79, a triple bottom break. Clear Channel Communications, Inc. is a diversified media company with operation in broadcasting and outdoor advertising. Symbol CCU Relative Strength Buy, Col of Xs on 01/05/1999 Momentum Neg 2 Weeks 50 Day Mov Avg 80.580 Exchange AMEX 1 50 Day Mov Avg 73.456 Sector Media 200 Day Mov Avg 71.798 Sector Risk Bull Correction 58- 30 Day Avg Vol 1,448,350 Home Page None Outstanding Shares 248,500,000 91 91 90 ----------------------------------------------------------------------------90 89 89 88 X X 88 87 X O X 87 86 X O X 86 85 --------------------------------------------------------X O ----X ----------85 84 X O X 84 83 B O X C 83 82 * X O X O X 82 81 A * X O X O X 81 80 ----------------------------------------X --X O * --X --X O --O -------- Med80 79 X X O X O * X O X 79 78 X O X O X O X X O X 78 77 X O X O X O X O X O 77 76 X O X O X O X O X 76 75 ------------------------------------X O --O --O X O X -- --* ------75 74 * X O X O X * 74 73 X X * X O * O X * 73 72 * X O X O * X X * O X * 72 71 X * X O X O * X O X * O X * 71 70 X --X O * --X --7 O X O ----X O X --X ----* ------O X * --------------------70 69 X O X O * X O X O X O X O 9 O X * O * 69 68 X O X O X X O X O 8 X O X O X * * 68 67 X O X O X O X O X * O X O X O * 67 66 X O O X O X O X * O X X O * 66 65 ----* 6 --O --O * ----O X O X --* -------------------------------------- Bot65 64 * * O X O X * 64 63 * O X O * 63 62 O X * 62 61 O * 61 60 ----------------------* ----------------------------------------------------60 59 59 58 58 57 57 56 56 55 ----------------------------------------------------------------------------55 54 54 53 53 52 52 51 51 50 ----------------------------------------------------------------------------50 49 49 SWISSRAY International, Inc. - SRMI We have mentioned SRMI before on the idea generator and want to bring to your attention once again. SRMI pulled back with today's action though was able to close higher on the day. This stock has given multiple buy signals forming a nice series of higher tops and higher bottoms. The RS vs. DWA is positive and demand remains in control. Okay to buy SRMI here. SWISSRAY International, Inc. manufactures and sells diagnostic X-ray equipment for all radiological applications. Symbol SRMI Relative Strength Unkn, Col of Xs Momentum Pos 5 Weeks 50 Day Mov Avg 4.339 Exchange NASDAQ 150 Day Mov Avg 3.316 Sector Healthcare 200 Day Mov Avg 2.827 Sector Risk Bull Confirmed 42+ 30 Day Avg Vol 22,161 Home Page None Outstanding Shares 16,220,000 8.5 | 8.5 8.0 ------+-------------------------------------------------------------------8.0 7.5 | Top7.5 7.0 ------+-------------------------------------------------X --X ------------7.0 6.5 | X O X 6.5 6.0 ------+-------------------------------------------------X O X ------------6.0 5.5 | X X C 5.5 5.0 ------+-----------------------------X --------------X O X ------------ Med5.0 4.75 | X O X O X 4.75 4.50 ------+-----------------------------X O --------X --X O ------------------4.50 4.25 | * X O X O X 4.25 4.00 ------+-----------------X * --------X O ----X --B O X --------------------4.00 3.75 | X O * X O X O X O 3.75 3.50 ------+-----------------X O --* X --X O ----X O X ----------* ------------3.50 3.25 | X X O X O X O X O X * 3.25 3.00 ------+-------------X O X O ----X O 7 O X --X A X ------* ----------------3.00 2.75 | X O X O X O X O X O X O * 2.75 2.50 ------+-------------X O --O ----X O X 8 X O X ------* --------------------2.50 2.25 * | X 5 X X 6 X O X O X * 2.25 2.00 --* --+---------X --X ----O X O X O X O --9 ----* -------------------- Bot2.00 1.75 2 * | 4 O X O X O X O X * 1.75 1.50 X O --* --------X O X ----O X O X O X ------* ----------------------------1.50 1.25 X O | * * 3 O X O X O X O X * 1.25 1.00 --O X +-X * X * X O X --* O X O X O X --* --------------------------------1.00 0.75 3 A | 1 O X O X O X * O X O X O X * 0.75 0.50 9 5 +-X O X O X O * ----O --O --O * ------------------------------------0.50 0.25 8 8 X O X O X 2 X * * 0.25 O +- O O Metromedia Fiber Network-A - MFNX MFNX after finding a nice bottom in October has started a nice comeback. The stock is now trading above its uptrend line and has given three consecutive buy signals. The stock has pulled back just above support and this offers a nice entry point. Look for this one to hold support and test its recent highs of 45. Okay to play here. Metromedia Fiber Network, Inc. provides high-bandwidth, fiber opticcommunications infrastructure to carrier and corporate/government customers. Symbol MFNX Relative Strength Buy, Col of Xs on 10/12/1999 Momentum Neg 1 Week 50 Day Mov Avg 36.221 Exchange NASDAQ 150 Day Mov Avg 34.790 Sector Telephone 200 Day Mov Avg 33.672 Sector Risk Bull Confirmed 66+ 30 Day Avg Vol 3,009,340 Home Page None Outstanding Shares 188,600,000 50 ---------------------------------------------------------------------------50 - 49 49 48 * 48 47 X * 47 46 X O * 46 45 -X ------X O --* ----------------------------------------X ----------------45 - 44 X O X O X * X O 44 43 X O X O X O * X O 43 42 X O X O X O * X O 42 41 X O X X O X O X * X O 41 40 ---O X O X O X O X O ----* ------------------------------X O --------------40 - 39 O X O X O X O X O * X O X 39 38 O X 6 X O X O 7 O * X X X O X 38 37 O O O O X O * X O B O X C X Med37 36 O X O * X O X X O X O 36 35 ---------------O X O --------------* --------X O X O X O X ----------------35 - 34 O X O * X O X O X O X 34 33 O X O X X * X O X O X O 33 32 O O X O X O * X O X O * 32 31 O 9 O X O * X O X * 31 30 -------------------8 ----X --X --X O --O ----X O --------* ----------------30 - 29 O X O X O X O X * 29 28 O X O X O X O X * 28 27 O X X O O * O X X * 27 26 O X O X * O X O X * 26 25 -------------------O X O X ------* ----O X O X * --------------------------25 - 24 O X O X * O X A * 24 23 O X O X * O * 23 22 O O * 22 21 * Bot21 20 -----------------------* --------------------------------------------------20 - 19.5 * 19.5 19.0 ------------------* ------------------------------------------------------19.0 18.5 * 18.5 18.0 --------------* ----------------------------------------------------------18.0 17.5 * 17.5 17.0 ----------* --------------------------------------------------------------17.0 16.5 * 16.5 16.0 ------* ------------------------------------------------------------------16.0 15.5 * 15.5 15.0 --* ----------------------------------------------------------------------15.0 14.5 14.5