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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (35538)	12/13/2001 7:39:47 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69853

buysellshort.com MAGICIAN's Picks: GMGC chart to consider: stockcharts.com[h,a]dhclyimy[pb15!b30!b50!b200!d20,2!f][vc60][iUb14!La12,26,9!Lh14,3!Lk14!Lg] Today’s news: biz.yahoo.com PRDS turned in a great day today, hitting $1.45 intra-day for a 19% gain. Although the final close shows PRDS as closing down 1%, traders should note that the final print is a bogus Market Maker paint job. With the bid at $1.25 in the final minutes a 100 share trade was printed at $1.21. A walkdown by INCA in the final minutes explains all. Trading action in the stock indicates some buyer manipulation. A move to the mid $1’s is on the near term horizon. PRDS chart to consider: stockcharts.com[h,a]dhclyimy[pb15!b30!b50!b200!d20,2!f][vc60][iUb14!La12,26,9!Lh14,3!Lk14!Lg] LOUD continues to be held. Traders should note however that support has now moved up from the $0.60 level to $0.70. Looking at LOUD’s chart a move to the $1’s is in the near term cards for this stock. LOUD chart to consider: stockcharts.com[h,a]dhclyimy[pb15!b30!b50!b200!d20,2!f][vc60][iUb14!La12,26,9!Lh14,3!Lk14!Lg] GWRX tacked on 7% today and appears poised for a breakout to the upside. Traders should watch the action in the $1.30’s tomorrow. A positive news release is all that is needed to bring in buying volume. Keep a close eye on GWRX. GWRX has a really nice looking chart implying a test and break of its 200DMA at $1.38 near term. GWRX chart to consider: stockcharts.com[h,a]dhclyimy[pb15!b30!b50!b200!d20,2!f][vc60][iUb14!La12,26,9!Lh14,3!Lk14!Lg] If the market indeed pops tomorrow traders should look to SUNW for a scalping opportunity. A move to the $14’s is possible. Still, traders should make sure they kweep tight stops on the stock. SUNW chart to consider: