To: James Strauss who wrote (499 ) 4/12/1998 9:03:00 PM From: Magnatizer Read Replies (2) | Respond to of 13094
13s TA for week of 4/13/98 First I will list those which will be reviewed on Monday due to technical difficulties. COSFF,OBJS,USWI,TASA,ROSS,AAIR,ATCT,NWRE,SPEK,REGN,PCRV,INTK,SEEQ,DMED,DBCC,INSV Again refer to post #215 for definition of the rating system VOLUME, VOLUME, VOLUME we want VOLUME (everybody say it!) Plus 4 IMCL-- reason MIMBO candidate. has broken long term downtrend. Long term hold (6 months or more) should give a return to all time high of 17.50. I will be asking Doug to verify the MIMBO status but I am pretty sure of this one. Plus 3 RNTK- Setting up an IHS on 3 day RSI- watch for a BO of the IHS or a bounce off of 2.32 on Monday. Short term target 3.00 TCEL- Handle formed needs to break 3.65 on good volume to confirm BO. If it does not happen Monday watch for stoch (2,1,2) IHS formation and play BO of that formations neckline IMMU- Just needs volume DVNTF- Watch for reversal of stoch 4,3,2 with cross over. Overhead resistance at 5.21. Short term target of 6.00. Appears to be forming the MIM of a MIMBO. If this is the case a short term strategy is in order and then get back in when the BO occurs. Plus 2 and a half for the internet relation RMII- Looks to be forming a nice high tight flag. 4,3,2 stoch reversal needed PSIX- Stiff overhead at 13.58 Monday (+.11 each day after) break of this overhead gives stock some go go juice Plus 2 EE Risky plus 2. Looks like a bull trap is being set. Has divergence in the stoch 4,3,2 which is similar to the divergence I missed on CAND a couple weeks back. Told myself not to do that again! BERT- Looks like a base for a bit but should be a daily watch. Overhead resistance at 10.15 Monday and going down .01 each day after. Once that resistance is broken the short term target of $15 comes into play. Other resistance levels include 11.09;11.87;12.80 NVAL Watch for IHS formation on 3 day RSI and reversal of downtrend on stoch 4,3,2. BO of the IHS or reversal with cross over should do it. sorry no target yet SYGR Solid floor at 6.06 MOnday (+.12 each day after) once it touched this floor watch for a bounce IVIP Stock resting look for mid week movement INFO Nice stairstep pattern. stoch 4,3,2 reversal with cross over would make a nice buy signal HAUP Solid floor at 10.05 (+.21 each day after) watch 4,3,2 stochs for reversal and crossover SCON In a flag. watch for volume move over 6.00. also stoch 4,3,2 crossover HDWY 9.50 magnet for a few days. 3 day RSI forming a IHS. If it does move it will take big volume. Looking for a base with a possible move late week MOXY Stiff overhead resistance in mid 5s. If it does not break on Monday with big volume looking for a base/decline period As always this in not intended as investment advise. Please do your own DD and consult a financial planner before making investment decisions. ht david Big Congratulations to Mr. Mark O'Meara Masters Champion 1998. What an incredible tournament. Best yet in my book