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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Zeddie88 who wrote (4724)2/15/2001 1:19:56 PM
From: Jenna  Read Replies (1) | Respond to of 6445
 
JILL moving here.. might last longer than the techs as it barely pulled back and never violated the 20 day moving average. 27 7/8 is minor resistance with the next resistance at 30 1/2 (which is the year high).. The chart is now excellent as the pull back has 'steadied' the stochastics to a nice 56 instead of 98 and JILL has a relative strength of 99. and now a technical rank of 85. MACD has broken out and the money flow is bullish.



To: Zeddie88 who wrote (4724)2/15/2001 1:22:52 PM
From: Jenna  Read Replies (1) | Respond to of 6445
 
DOn't get me wrong.. I went long JILL for a possible earnings run, I'm not marrying it.. Kendal Harmon was clever enough to spot this winner and he deserves the credit for this great find about 6 weeks ago. I just adopted it for a few points on the 8th and that nice run from 29th through the 9th when it was on the watch list. As long is it still traded above the 20 day moving average and had first class earnings expectations it was good enough for a buy off the bounce on the 20..