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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: Jenna who wrote (90101)3/24/2000 3:28:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
MSTR and ELNT

just bounced off 20 period MA looks like a short term buy signal at least until the end of the day. MSTR the next step. Missed the optimal cover position at 122 and had to cover at 124.. I am watching the 10 minute and 5 minute charts and MSTR looks to be recovering back towards the 20 period MA. A bounce off it might be a short term recovery for the stock. ADX is moving up. This I could only bother doing with stocks like SCII and MSTR because otherwise for 1 or 2 points its not worth the time and effort.

ELNT is beautiful in its downtrend.. Its down 10 and I got in when it was down 1 5/8.