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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (500)4/12/1998 9:26:00 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
500 Posts And Growing...

David:

Thanks for your TA efforts...

The 13's appear to be fertile ground for stocks in intermediate term uptrends...

Jim



To: Magnatizer who wrote (500)4/13/1998 9:49:00 PM
From: Magnatizer  Respond to of 13094
 
Continuation of TA on 13s for week of 4/13

No plus 4s or 3s in the remaining list

Plus 2s

INTK Not ready for a sustained run yet. Did break out of long term downtrend, looks like it will fall back below it tomorrow. Good watch list candidate

DMED Currently short term weak. Long term getting strong. I like it to start an assent early next week.

DBCC Looks to be forming a MIM. Stiff overhead at mid 6s. Long term indicators not ready for a run yet. Another great watch list candidate.

NWRE Hit long term downtrend today. Not ready to run yet. Break of 5.37 gives reason for reevaluation.

SPEK Broke long term downtrend 2/3/98. just signaled 4/8/98 with a target of 4.12. Short term weakness. Also could take a dip soon as 4,3,2 stochs are forming a HS pattern. But it did break the long term downtrend which is a good sign of strength. Like it to turn around late this week early next week.

REGN Hi Jim. Near long term downtrend Break out. Long term indicators are telling me it is not ready to run yet. Was a nice breakout of the short term triangle though. I like it for a watch list candidate.

PCRV Possibly forming a MIM. Long stuff gaining strength for a nice run soon. another good watch list candidate.

USWI Topping. good long term strength. Setting up a nice 3 day RSI trick. Another watch list candidate

TASA A very high plus 2. Looks like a it could go any time. A couple of indicators need to signal to give it the green light for a long term run but they are getting very close.

ROSS Short stuff weak now. Like this one to turn around late this week early next.

AAIR Short term base then rise resumes. 9.25 target

COSFF Not ready for sustained run. good watch list candidate though

OBJS Short stuff topping. Looking for a base decline. stock still very strong overall. What a beauty!

On a side note: I like what I am seeing with the charts from this week. Many stocks are coming out of long term downtrends and breaking overhead resistance. This tells me that some stocks which have been missing out of the run are now coming into favor with the market. To me this says the bredth of the run is wide and far reaching. Not a sign of a weak market. I believe any declines in the market are simple profit taking and not a sign of the Bears dream world coming about.

ht
david

as always this is just my opinion. the above is not advise to purchase, sell or do whatever with the discussed stocks. Please do your own DD and consult a financial planner before making any investment decisions.