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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Dave H who wrote (4130)11/28/1997 10:25:00 AM
From: T Roberts  Respond to of 4701
 
USWIC ...US watts Int. is being bought by ACCC for 2.50 &
it's at 1.70...anyone know why the big premium other than small
co. and ..usual risk of deal? ..don't know what's happening with
acrt either ..guessing that jump has to be a buyout..it blasted
through 52 high..



To: Dave H who wrote (4130)11/28/1997 10:33:00 AM
From: Ocote  Respond to of 4701
 
No news I can see. Managed to sell some shares at 29 3/8. I usually have to work on Fridays and would never get a chance to time a sell like this.

Good trading to you.

Ocote



To: Dave H who wrote (4130)11/28/1997 11:42:00 AM
From: Instock  Respond to of 4701
 
The Rest of the 56 Thread Write Up: QUST: The Chart

On Wed. QUST made a small but very significant move. The price broke out of all
short-term downtrends to indicate that a move to new highs is probable. After a one
year fun from 1/2 to 10, a quick base here has a good inverted head and shoulders
formation with a relatively steep downtrending neckline. Downtrending necklines are
more easily broken to the upside and as the line is approached, a strengthening
technical profile would be very positive.

The Technicals

The stochastics momentum indicator is intermediate bullish with a breakout occurring in
the short-term SMI.

The 89 day MA/MLR is not a factor here so in order to assess a break-out from a
short-term pattern as a sign of continuation I use short-term MA/MLR periods. The 8
day period is just now accomplishing a positive crossover. At every other time QUST
made a continuation, this indicator crossed upward and the stock rallied for 30+%.

The 3 day Bollinger Bands began to open up after being compressed early in the
week. The stock is starting a move up so this is supportive of expectations that the
price will maintain at higher levels at least into the short-term that the 3 day BB's
project to.

The 377 day CCI is above +100 which suggests that QUST is also a candidate for
continuation into the intermediateterm time frame although I would remain cautious
considering the magnitude of advance over the previous year. The 3 day CCI just
crossed +100 on Wed. which it has done frequently upon every continuation of the
price. The 55 and 34 day CCI's are likely moving over +100 today.

Accumulation/distribution broke out of a long-term (5 yr.) downtrend in Oct. and has
continued trending up as the stock has based out for the last month and a half.
Accumulation distribution exhibits a solid uptrend. Positive/negative volume is also
favorable.

The long term RSI (233 day) has been above 50 and is slowly trending up for the
entire year of QUST's move. Short and intermediate-term RSI's are all supportive of
continuation.

The 89, 3, 5 stochastics have prodused a knee here at a value of 70. This is just where
stochastics start to show stregth in price. There is plenty of room to go higher before
over-bought levels are reached which would occur if the stock moved well past 12.
Other periods of stochastics show that a significant move is highly likely at this time.

The technical profile of QUST indicates that continuation to new highs is probable with
a significant and rapid advance likely.

Buy at your OWN disgression. This report by DIS is just a place to begin DD in
consideration of this stock. We do not make buy or sell recommendations and this
report should not be so construed.