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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Carole who wrote (4514)	5/7/1998 11:24:00 PM
From: Magnatizer	Respond to of 29382

Carole I could not have said it better myself. except to add that the technicals are in line for a super move. all that is needed is the volume which should come as a result of the other goodies you listed. I may have to average up soon on AIRM ht david

To: Carole who wrote (4514)	5/7/1998 11:45:00 PM
From: Amigo Mike	Read Replies (1) \| Respond to of 29382

Carole and all in Amigoland, A note on the AIRM technicals: I have been studying the longer term charts for AIRM this evening. I note a very distinct inverted H&S pattern covering generally 150 weeks or about 3 years. We are completing the right shoulder and breakout looks to be near. VERY near. Of note also...... 4 9/16 to 4 5/8 appears to be large resistance from previous up moves during last three years. After this is broken ..... 5 3/4 looks to be the next level of very minor resistance....hit once during this timeframe (3rd qtr 1995). After that price point is taken out .... well ..... you have to go way way back to late 1993 where AIRM reached ~$13 (subject to adjustment). Bottom line as I see it ...... we take out the 4 5/8 area on strong volume and 5 3/4 is next stop. After a brief respite in that area ..... well ..... its double digits in my book !!!!! All indicators on the weekly chart are pointing FIRMLY higher. Stochastics, RSI, Momentum, OBV ..... you name it. All point north. Me thinks we gonna gooooooo soon !!!!!! I believe David can confirm this read. David .... also .... what does the 89d ma/mlr look like ? Couldn't download the data tonight. Amigo Mike