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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Terry D who wrote (11190)12/19/2001 12:32:07 PM
From: chowder  Respond to of 23153
 
Terry, nice looking chart. AWRE is trading above its 200 day moving average. I'd like to see it close there. A dip below may insure a little profit taking.

The price has risen in a nice steady pattern indicating that this stock has been under heavy accumulation.

Volume is rising, cash flows are rising and all of the indicators look good at this point.

It looks like it has some more upside.

The indicators are nearing overbought.

If I owned this stock I would hold for another day or two. If I were looking to buy this stock, I might buy if the stock opened higher tomorrow, provided the stock finished up today and the volume continued to look good. Or, I might buy the close if the stock finishes strong. Stocks breaking above their 200 day moving average, on good volume, tend to get a double digit gain before profit taking occurs.

Or, you could always wait for the stock to come back down.

dabum