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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (7188)12/26/2000 5:41:49 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
Thanks Sergio...

UIS held up relatively well during the recent market carnage... : >

DNEX successfully double bottomed in the 25.00 area and recently triple bottomed in the 32.00 to 33.00 area...
bigcharts.com

Look for a test of the 37.00 to 38.00 area... If successful, it has heavy resistance in the 45.00 area...
bigcharts.com

The last 10 days has had nice price appreciation but the indicators are pointing down...
bigcharts.com

This suggests a possible price retracement to to 32.00 to 33.00 area where it recently triple bottomed... A turn up from there would be very positive... A turn down from there could say hello again to the 25.00 area...

CDO has some nice indicator divergences...
bigcharts.com

The indicators did not make new lows along with the prices... In fact, we see Williams %R now rising... A good divergence...

Look for tests of the 13.00, 14.00, and 15.00 areas...
bigcharts.com

Jim