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To: bowledover who wrote (24365)7/4/2000 4:42:17 PM
From: Voltaire  Read Replies (4) | Respond to of 35685
 
Hi bowledover,

yes, just remember, this is the one stock that for sure could make a powerful earnings run. The CEO last earnings report said this quarter there would be RECORD earnings. Don't know how much of the Italian deal will be reported this quarter but it could be dynamic.

V



To: bowledover who wrote (24365)7/5/2000 12:22:22 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
TA on ELON from a an admitted amateur

4 weeks ago I identified a Cup&Handle pattern
it pointed to 90-95
phase one has seen a run to 75 with a retracement
given the sweaty palms (and hairy palms) prior to FedMeeting,
the pause seems understandable

daily stochastics have weakened in the last couple weeks
they seem to have completed the downcycle though
now hitting the lower end 20 extreme level
poised now to begin the stochastic upcycle
translation: been closing crappy lately, might close better soon

support was found in the 50's nicely
nothing has been broken so far here in last couple months
uptrend is evident and intact

critical here in my opinion is the recent healthy alignment of the moving averages
I always like to check the 18day, 30day, 50day MA's
in the last few weeks, MA's have crossed and aligned nicely
they collectively offered support in the recent selling off 75
I believe they might serve as a launch platform in next few weeks

relative strength has found the 50 midrange level
this level has tended to provide bounces before
RSI has seen a nice trending improvement since April

this has been a very volatile stock in since the spring
however, in the last 2-3 weeks very stable
I believe it is setting up an potentially explosive move
upwards
prolonged bounded stability often precedes strong moves
I think the next move is up

a move to 70-75 seems like a snap imminently
anything over 73-75 and it could quickly reach 85-90
but this 85-90 range will see a very big overhang of selling resistance

for what it is worth, caveat emptor (that is for Invictus)
/ Jim Willie