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Strategies & Market Trends : HURC Hurco coming on strong -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (361)12/8/1997 1:19:00 AM
From: Doug R  Read Replies (2) | Respond to of 380
 
HURC is oversold in the 13, 8, 8 stochastics which are now turning up. There is a nice inverted H&S pattern just being completed in the short-term SMI and a breakout from there should supply a decent jump. The overall long and intermediate-term strength is very encouraging. All the MA's under 100 days are within .08 of each other and the BB's are in "imminent move" configuration. MoneyFlow is starting back up with plenty of room to rock. A bit more work to do and it'll be ready to break 10. Maybe 2 weeks or so.

Doug R