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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: Jenna who wrote (4867)1/21/1998 8:37:00 AM
From: LastShadow  Read Replies (5) | Respond to of 120523
 
DWRX and others

Others first - ASND and GEMS both look to open up due to some pre-open buys.

As for DWRX, no, it doesn't lok overbought yet. It tends to be overboaught when shares traded climb up to about 500k a day, and then drop cyclicly. Stochastic is above 50%, Money Flow and Accumulation both up, good Relative Strength and momentum. Overbought is a difficult thing to assess. If you have the REI, download the data and see what the change in the REI (not the REI itself) is looking like. Alternatley, if you have TA software, look at the change in the opens as oposed to the change in the closes day to day. If the rate of change in the opens is consistently up, and the indtraday spread is normal for the volume, then its still on a good run. forward projection on the linear regssion shows it up for the rest of this week baring news, etc.

lastshadow