To: James Strauss who wrote (1553 ) 5/17/1998 9:18:00 PM From: Magnatizer Read Replies (4) | Respond to of 13094
Thread 13s TA for week of 5/18/98 volume, volume, volume disclaimer: not intended as investment advise. please do your own DD and consult a financial planner prior to making any investment decision. dadadaddadadada Plus 4s none plus 3s CML: High tight flag formation. Hope it does not gap Monday open. Conservative run to 3.53 Monday. short term target of 5. quick traders only not a good long candidate IFCI: Ready to rock. Looks like it could blow through 7.50 magnet on way to magnet at 11.00. Like it alot for both short and long term NTPA: Look for volume to continue current run. currently overbought but volume would push it higher. Run will most likely end sometime Tuesday so quick traders only. good long candidate after it corrects its overbought status and pulls back to the 9.50 area Plus 2s PAMCE: Look for retest of short term downtrend and or 5.625 Magnet. Wants to go to 6.75-7.00 area and base before run to 9.50. AILP: Base around 4.75 for a day or two. A small chance at a dip to the 4.00 area which would be an excellent buying opportunity. Like it to go to 6.50 area market permiting in the next 3-4 weeks. TLSP: Watch for CCI 13 reversal combined with stoch 4,3,2 reversal and a volume break of 10.625. may base for a while CHKR: Watch for MACD to reverse. good trading stock. Not a good long. Will run hard once MACD reverses up SCOC: Not a good long yet. Another one to watch the MACD for reversal up. Could go any day BUS: Watch for it to try to fill gap to 5.375. Once filled it looks like a runner to 6.75-7.00 area. AKLM: Watching CCI 13, stoch 4,3,2, MACD for reversals up. If one reverses and the others do not watch for volume and the others will most likely follow the reverse of the first. Not a good long yet as it is in the process of building a MIM of the MIMBO. CNTR watch for MACD reversal up. Good long and short term candidate BPRX: Trader only. MACD-let it come down and buy on reversal. If it does not come down buy on acceleration up. VCR: Wants to retest 3.00. If it does not retest watch for break of 3.60 and it will most likely go to 4.00 minimum real quick. If it does test 3.00 accumulation at or below would be good. Good long and short term candidate IATV: Long term watch list candidate. May see some late week trading action. MCRN: Could go either way. risky business with the big gap below. One to watch for interest only. CADE: Looking for a dip into the middle to lower 3s. Watch for stoch 4,3,2 reversal. CYI: Needs volume to break long term downtrend. Short term watch for CCI 13 to reverse. Long term let it break long term downtrend and retest before entry MOGN: Not a good long. Short term trader watching for CCI 13 reversal LIPO: Let overbought status relax itself prior to entry. CCI 13 needs to go below 200 and reverse up to signal an entry point. Close to being a good long candidate THOR: Again overbought and needs CCI 13 to dip below 200 and reverse up. Not a good long candidate yet. WTLK: Long term watchlist HANS: Will need to be monitored for entry point. One of the stronger stock I have seen for a while but it blew through a bunch of magnets on current jolt up and will likely retest them. Could dip to 2.625 on a market correction CCLNF: Look for rebound off lower 6 area. short term target mid to upper 7s. 6-9 month target 12.625. great long and short term play CMNT: May be able to get through long term downtrend late this week early next. Not a good long yet TELT: Watch for CCI 13 to reverse below 200 and turn up to enter. Not a good long term yet AMTC Broke long term down trend Friday. Long term watch candidate as it does not look strong enough to hold breakout AW: Watch for CCI 13 to correct below 200 and reverse up. A good entry point for a trade would be when the stoch 13,8,8 crosses 80 line going north stocks which I could not TA solidly due to minimal data PVTR ZMTX And a stock where you better know what you are doing XYBR: If you don't do your own TA and FA your meat. ht david