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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (23083)12/24/2000 1:13:27 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Hi Sergio,

Glad to hear that you had a great time in the big Apple. Hope that we can get together in the spring for just such an outing. The bride would love to see a "real" play for a change. Vegas is where we see most of our live entertainment...somehow I doubt that is quite the same. LOL

I totally agree with you on the gap fill coming with CHK:

siliconinvestor.com

Given the condition of STOCH's, RSI and MACD being ahead of itself I would suspect that the stock will indeed come back to 7.50ish prior to the next move up. The thing that bothers me is the monthly chart. TA wise the stock is beginning to look very toppy. That is not to say it could not go to 15 (where there should be some resistance) Just that it is looking toppy to me.

DNEX does look very good. The recent 50 over 200 cross is very bullish. I'll be looking for an entry as near 31 as I can get.

RDRT continues to concern me as there seems to be no reversal in the downtrending 50dMA toward the 200dMA..in the mean time I'll continue to trade it on the swings. I fully expect to collect all of the call premium for the Jan. 5's.

Have you taken a look at MTIC? The 50dMA reversed direction as has the 10 and 50 STOCH's, my target is the 10dMA at 5.50.

Ken