Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Screening for Stocks -- Ignore unavailable to you. Want to Upgrade?

To: B.K.Myers who wrote (5)	8/27/2000 11:43:38 PM
From: B.K.Myers	Read Replies (1) \| Respond to of 66

Charting the Fastest Growing Companies These companies were identified by my Fastest Growing Companies screen. SEIC bigcharts.com Stock just gapped up on heavy volume and set a new high. FWRD bigcharts.com Looks like a double bottom at $20 during Feb-Apr, then a breakout above $32 after forming new base. Recently temporarily dropped below 50 EMA. Might be forming a new base. SUNW bigcharts.com Broke out of cup and handle formation on heavy volume in mid July after earnings and split announcement. Been trading higher on weaker volume since breakout. Chart looks bullish but the weak volume is a concern. PLXS bigcharts.com Appears to be having difficulty forming a fourth base. Might be some unsure churning going on but I am concerned that the stock seems to trade down on heavy volume and up on light volume. Any help reading this chart would be appreciated. MLT bigcharts.com It looks like heavy volume accompanied the upswings. Most sell-offs appear to be on light and falling volume. Stock price has crossed the 50 EMA several times since April with good support around 17. Looks like this stock might continue its upward trend. Again, any help reading this chart would be appreciated. NT bigcharts.com Moderate volatility with an up trend bias. Appears to being some churning from January to June but seems to have settled above the 50 EMA. Gapped down on strong volume in July but has since filled that gap and continued up although on moderate volume. May have broken out of double bottom with base in July at $72. AHAA bigcharts.com Volume was up in late June and July but the stock traded down. Might be forming a base at $37 - $42, right below the 50 EMA. A break above $42 on strong volume might result in a 20% run to $50 where it is apt to meet some strong resistance. TIF bigcharts.com Looks like TIF is forming a base at the end of a double bottom. A break above $45 on strong volume looks like a buy point. I will watch this. Summary: Tkr Price Proposed Buy Price SEIC 65.50 65 - based on eyeballing the upper trend line FWRD 43.50 37 - (Missed opportunity)? SUNW 124.75 99 - based on break out of cup and handle (look for new base to form) PLXS 142.50 ?? MLT 23.38 24 - based on breaking out of a base NT 82.38 72 - based on break out of double bottom with base AHAA 40.13 42 - could run to 50 where is meets strong resistance TIF 42.06 45 - based on break out of double bottom with base I am not very strong at reading charts and I would appreciate anyone’s insight into my review. FWRD, SUNW and NT have run past my proposed buy prices. FWRD and SUNW might be forming new bases and deserves further attention. NT’s fundamental analysis will tell me more about them. MLT, AHAA and TIF are within striking range of my proposed buy price. SEIC is only $0.50 above my proposed buy price. PLXS is hard to read and will require further analysis. I will look closer at these five companies. B.K.