Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: lostmymoney who wrote (1211)	1/4/1998 7:48:00 PM
From: Dave H	Respond to of 2377

KIDS & CRN KIDS Nice yr+3month cup with handle going. Friday's move was a nice initial breakout....if this one can breakout with significantly more volume over 21 3/4, it's going places. Could have another 10 points going for it before it bases again. short term RSI, stochastics look good; not in the extreme overbought mode, there's room for more move here. TC2000 BOP is bullish, though not off the charts. moneyflow looks like it's been steadily climbing during the last two months basing period which is a good sign. this one is primed to start moving in a big way, but wait for breakout over 21 1/4 at least (safer to wait for over 21 3/4) on STRONG volume and this one will provide nice returns in the short term. CRN looks like it's in the extreme overbought area right now after a return to it's all time high. It has just completed a "cup" formation that started in mid-october. I'd look for a handle to form to allow some profit-taking to occur, but this one will have lots of potential if/when it starts moving again. Look for the potential handle to form in the 19 1/2 - 20 1/2 range. -dave CRN