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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 (118771)12/12/2000 8:32:05 PM
From: Jenna  Respond to of 120523
 
SANG, EXFO was also good for today. IDPH --->"KLUMP" like stock Message 15001235 Overbought for so long..should be more of those around. Probably more downside in GILD at least 8% a throw, not bad. IDPH puts are reasonable.

We shorted SANG around 13 11/16 and now its 11 7/8 still has downside probably till 10 3/8. SANG moved up nearly double in 3 sessions and will probably move near where it came from (about 7 13/16)

7> Sangstat Med Price 14 5/16
SANG looks like short bait here even with an upgrade to strong buy. If indeed SANG has as much potential we will see quick enough. The indicators are showing overbought with stochastics at 99. Next pivot point is 14.60 and 15.3 is resistance. However, I would watch SANG and see if it takes out 9:50 low. if it does 12 1/2 is the first support and 10 3/8 is the second.