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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (532)	1/24/2003 12:50:47 AM
From: Jibacoa	Read Replies (1) \| Respond to of 1404

MACR Was up 21% today on volume of 3.6M (almost 5x its daily average.) It reported that its net income for the quarter ended Dec. 31 was $10.8 M ($0.18/share), on revenue of $82.6M compared with a loss of nearly $43 M ($0.74/share), on revenue of $73.3 M in the previous year. It also received an "upgrade" from MER.<g> Institutions that hold more than 80% of the shares have reportedly been buying.<g> marketwatch.com The stock had a good up-gap and closed at the H for the day. siliconinvestor.com On its weekly chart, there seems to be a cup & handle formation.<g> and it seems like the stock may be able to test the resistance at 20.<g> siliconinvestor.com Bernard