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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (1065)1/1/1998 11:42:00 PM
From: Ken W  Read Replies (2) | Respond to of 2377
 
Sergio,

Okay now you are going to make me prove myself :-) How about I REALLY like the chart! hehe

Serious now.

HOEN Hoening Group: This is paraphrased so be nice..Provides research to investment institutuonal groups, world wide.

Revs reported for period ending Sept 97 up 12%
Net income from Revs for same period up 26% mostly due to operations and fees in the Hong Kong markets

52 week low 4.06 High 6.50 (Held it's value well all year)
ROA 6.05
ROE 8.88 I really liked this part...0 debt to equity Margin 4.5%
Shares outstanding 9.2 million Float as of 12-26-97 4.1 million

The stock looks very defensive to me Sergio, The fundies look to be solid. Family members are part of the staff of the company, There was one insider sell, but the majority of the officials hold at least moderate numbers of shares.

In looking at the chart, before I asked for comfirmation from the big guys. I found no resistance to about 9. I liked the volume too. The price broke out at about 6.375. I bought the stock at 6.50 when I felt it had comfirmed the breakout, and after the big guys had looked at it too.

Now I have to work for it too. MIKE you better look at this dam stock!!

Ken W

BTW Sergio BULL (ticker, not a comment) looks ready to do the same thing as HOEN. Bull Run is heavily tied to Rawlings Sports.



To: Sergio H who wrote (1065)1/1/1998 11:44:00 PM
From: milesofstyles  Read Replies (2) | Respond to of 2377
 
i' ll take a stab at hoen trading at 6 5/8, teetering on 5,10,20 ema's bollinger expansion occurred 12-4, crossed upper on 12-12 and 12-15,now closing lower (bearish, and possible reversal), rsi approaching 80 but not there yet, over bought , macd negative but improving, obv appeared positive, williams %r bearish at 0. stock ran about a dollar in dec, but i'd say too late.criticisms welcome