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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (41084)2/23/2000 4:52:00 PM
From: Benkea  Respond to of 99985
 
Thanks bobby for your nut TA. EBAY could put up quite a run considering the range bound base it has put in. It has been putting in higher highs and higher lows since the beginning of Jan and just broke its' 50 day on perfect volume today.

As well, CMGI looks terrific with a correct volume break above its' 50 day today after a successful retest of the Jan low. It would be nice to see follow through and a close above $130.

ICGE moved on the right amount of volume and held its' 200 day, but I'd like to see it too take out its' 50 day which is pretty close. It isn't acting real well which is partially due to lock up ending.

SFE had a bit more vol than I'd have liked, but it held its' 50 day and could easily make a run for new highs soon. I think they report tonight and if they use the "s" word (split), it could bring the lunies in.

Oh yea, and they all held most if not all of their gains today.