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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andrew Vargas who wrote (8165)5/4/1998 12:38:00 PM
From: Chris  Respond to of 42787
 
CPQ looks pretty good.. will add more comments when i get my charts updated. i might do a position myself.



To: Andrew Vargas who wrote (8165)5/8/1998 1:04:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
hi zjohn.

sorry for the late reply..

PLC recently has been going down due to my weekly sell signal..

let me give you some signals. css buy scan hit @ 1/9/98 @ 8. weekly buy also there. STRONG weekly buy @ 2/6/98 @ 8.5

weekly sell @ 4/23/98 @ $13-$16 (depending on when you sold it -- note: these dates represent the WEEK of 4/23/98.. it's b/c im using weekly charts)

so.. right now, you should be out since 4/23/98 or so.

assuming you are still in, PLC is testing the 200 day ema @ 14.00

i would automatically sell if 200 day ema is broken on CLOSE. next support if 200 day ema is broken is 12.00. just know that your ideal exit using my system was around 4/21/98 when it broke the 9 day ema on CLOSE..

hope it helps.. welcome to the thread