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


To: Ryan Mak who wrote (5850)3/6/2001 1:56:54 AM
From: Jenna  Read Replies (4) | Respond to of 6445
 
Ryan..SLVN...ALSI sorry missed your post before. I've been watching ALSI and COCO. SLVN looks a bit promising if it continues above that gravestone doji. This sector has soared and might be moving back. ALSI had a strong bullish range engulfing move today. 33 is 20 day moving average and if it takes out 32 1/4 it might have a 20 day moving average breaking, as this is a rising moving average, a move like that would be bullish. COCO also had a (rising) 20 day moving average breakout and the chart is decidedly bullish. Looking for COCO to take out 42 the next and finally the high of 44 1/4.

SLVN already had its 20 day moving average breakout on Friday and could continue up.. the stochastics were very overbought and are now at about 50 si its looking okay for possible contonuing bounce, although SLVN still seems pricey.