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To: invictus who wrote (24779)7/10/2000 12:18:47 AM
From: Jim Willie CB  Read Replies (6) | Respond to of 35685
 
some TA tidbits on some fave strong boys
in order of how favorable and imminent promise

CREE: nice clear upchannel seems to be evident
sitting currently at the lower end boundary
daily stochastics are struggling to get off the ground
needs to stabilize for a few days and pullup to the moving avgs
these MA's are clustered at 138-140 now
general support is in this 130-140 area from last couple months
some good closes and pullup to MA's and could be easy move to 180
that is the upper boundary of the upchannel
gotta show some gusto first

JDSU: some queer Cup&Handle might be peering at us
upper lid at 130
handle forming now at 110-130
finding support with the moving avgs
MA's are bunching their undies at 110-118 now
poor daily stochastics showing now
that Summit massive sale has hurt the shorterm signals
a few good closes and pullups and we could have a strong move from the 115 level foundation
general support at 110 from last couple months
in Atlanta I said a pullback to 115 would be a strong buy signal
we got it
needs to show some gusto first, but almost there

NTAP: building a nice foundation here at 75-80 now
MA's have bunched wedgy buns, all aligned the way buns should be
daily stochastics look good now
it did not like being in lower 70's last week
the base has been built, gains consolidated
general support at 80 from last couple months
give me a match, this is ready to be lit
ScottM, you wanted an entry point, this might be it safely

ADAP (Adaptive Broadband): this little speculative puppy is ready to run
strong strong confirming daily stochastic signals
a bullish tilted Cup&Handle pattern points to 55 (41 now)
relative strenght is super now, trending up
nice strong upchannel showing promise of support
MA's in process of aligning, now bunched up
it just broke out of 35 resistance ceiling, then pulled back
I think the MA's are now offering a launching pad
pure microwave broadband play in the making here
a la NextLink, last mile solutions point to multipoint

I think CREE, JDSU, NTAP, ADAP are ready to break out
ADAP is imminent
the rest of in need of perhaps a few days of deep breathing

by the way, Brocade looks like it has a little more gas to go, but not much before it peaks
and Siebel looks to me to be about to stall
what do I know?
a little more than "not much"
hell, I stop for turtles

/ Iaccobus Iacassus