To: Cola Can who wrote (775 ) 1/20/2000 7:42:00 PM From: Cola Can Read Replies (1) | Respond to of 48461
I just wanted to update the stock picks I contributed to this thread. AWWC seems to have formed a Symmetrical Triangle. Volume on the minor uptrends seems to indicate an upside breakout. The pattern has almost reached the apex of the triangle, so I'm looking for a breakout any time now. AWWC gapped up and broke upward on more than usual volume. Not extra heavy volume that I was looking for, so I'll keep watching this one. CYPB has made slight gains on three days of heavy volume. If the buying pressure continues, its just a matter of time before larger gains are seen. CYPB did some consolidation, dipping just under $2.00 It bounced off the 50 SMA and appeared to start back upwards near the close of the market. Wordens BOP still shows a lot of buying pressure. I'm still holding. PCTH has been moving up lately, bumping resistance at 1.875 Can you say "Roller Coaster?" Buying presure sent this stock up to 1.875, then the financials came out, and it dropped to just above $1.00 It bounced off the 50 SMA and moved back up to the 1.70 range. I got in at 1.59 before the the wild roller coaster ride. I didn't have funds to average down, but I'm not too worried. The last two PR's were good. I don't see a stock running from under a dollar to 1.875 when bad financials are coming. The numbers were really not that bad, IMO. I think the stock moved up in anticipation of the Boeing and NEC PR's. EACO & HGFN - I thought these two would have moved up already. Volume has been low but my charts show buying pressure. Still watching and waiting. EACO started to move up a little, near the close of the market today. I'm still seeing buying pressure on Worden's charts for both. CYAN - This one seems to have started moving back up, after a consolidation phase. I hope everyone picked up a few thousand of this one when I posted it. You could have gotten it for 1.375 easy and sold for a double today. I sold for a double today. It may run some more, but a double is a double. Trade at your own risk on this one, for the next few days. CC