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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Iceberg who wrote (14010)	4/19/1998 7:42:00 PM
From: DanZ	Respond to of 53068

TA update on the Z's positions HWP Bought 4/13 @ 60 11/16 Close 4/17 @ 63 7/16 Support @ 60 1/4 Resistance @ 65 Other notes: Positive money flow, stochastic buy signal, upper daily bollinger band rising Target: 64 3/4 to 65 Personal position: None IRF Bought 3/17 @ 12 1/2 Close 4/17 @ 11 5/8 Support @ 10 1/2 Resistance @ 13 Other notes: Positive reaction to earnings last week, stochastic buy signal, negative money flow bullish when compared with stock performance, a close over 12 1/8 is needed to turn the weekly chart bullish Target: 12 3/4, might be raised depending on how it trades Personal position: 11 3/4 average KLIC Bought 4/3 @ 20 7/8 Close 4/17 @ 21 1/2 Support @ 19 7/8 Resistance @ 23 to 23 1/2 Other notes: Daily bollinger bands narrowing, gap between 22 1/4 and 23 1/8 partially filled, stochastic buy signal Target: 23 Personal position: None LNET Bought 12/31 @ 11 Close 4/17 @ 12 1/4 Support @ 12 Resistance @ 12 1/2 and 17 Other notes: The stock broke out on the daily chart 4/17, stochastic is on a buy signal but over-bought, weekly resistance 12 1/2, monthly resistance 17, insider buying in March at 10 3/4 and 10 7/8 Target: 14 1/2 (52 week high), may hold longer depending on how it trades Personal position: 11 1/2 average ORCL Bought 4/6 @ 26 15/16 Close 4/17 @ 27 1/4 Support @ 26 Resistance @ 29 and 32 Other notes: gap still not filled between 29 5/16 and 29 7/8, lower bollinger band turned down, stochastic sell signal Target: May exit this position on Monday. The technical indicators turned bearish on 4/17. Personal position: None PAUH Bought 1/6 @ 10 Close 4/17 @ 11 1/8 Support @ 10 3/4 and 10 Resistance @ 11 3/4 and 13 3/4 Other notes: Stochastic buy signal, positive money flow, stock has held above the middle daily bollinger band six days in a row Target: Watch closely as the stock approaches the resistance at 11 3/4. May take profits or may hold for a breakout depending on how it trades. Personal position: 10 VLSI Bought 3/4 @ 19 1/8 Close 4/17 @ 19 5/8 Support @ 18 1/4 and 17 Resistance @ 20 1/2 and 24 Other notes: Very bullish reaction to earnings last week, upper daily bollinger band rising, weekly chart bullish, positive money flow, stochastic buy signal, option expiration on 4/17 likely held it back. Recent post on VLSI thread: Message 4093124 Target: 23 1/2 to 24 Personal position: 19 average Good luck to all, Dan