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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: 8-Ball who wrote (7196)	4/6/1998 4:09:00 PM
From: Jenna	Respond to of 120523

AVDL.. AVDL has a good insider rank, fundamentals are fine. The chart has been deteriorating for past couple of weeks to the point where I think it's clearly oversold. Of course oversold doesn't mean buy any more than overbought means don't buy. I would wait until it bottoms before I get in. Should bottom before earnings, then a good report, will be just what this stock needs to recover upward momentum. It's beat estimates in the last 4 quarters, which is good. And earnings acceleration for the next few quarters are positive at 8% to 10% to 20%.