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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: CJ Owen Critchley who wrote (4671)1/10/1998 11:31:00 PM
From: LastShadow  Respond to of 120523
 
Resonse:

MDYN leveld by about 3, with suffiient trading volume and some sccumulation to indicate it might have hit a local minimum. If it starts upticking with improved resistance Monday morning I will enter. If not i will check at noon to see where it gone.

EGHT - needs to close aboe 11.25 before it would be in a technical reversal. It doesn't lookk to have stopped falling yet.

COMS is tougher to call. The last couple of hours trading Friday looked like it was struggling to recover, but it could still go down as low as 28 as it did after the big tanking. I'd be real carfeul with COMS. It has enough volume and # of trades to watch for improved resistance, and might make a decent profit if the market is up Monday, which I am looking for, but it also has an opportunity to go for a wide double bottom at 28.

lastshadow