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


To: milesofstyles who wrote (5504)6/2/1998 1:38:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 29382
 
Amigos y amigas

I think some of you are in ONTC. Technically the picture is getting bleak.

I see a dip to the 2 7/8th area possible this week. Be careful with it.

PURW is also breaking down. Looking to find a bottom soon but I don't have a determined area yet.

APCO looks like it wants to run. Magnet at 12 has proven itself to be very strong. I like it on a day where OHLC are all > 12.

SHLL which was mentioned tonight. Looks like a bottom soon. No buy signals yet.

IFCI has support in the upper 5, lower 6 area from some IHS necklines. Possibilities of 5.50 are there. Does have a nice formation in the 3 day RSI which could give it a nice trading op. in the next 2-3 days.

ht
david



To: milesofstyles who wrote (5504)6/2/1998 5:57:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Miles a 2 for 1 stock split is almost always concidered very bullish. That's why stocks usually run up when a 2 for 1 split is announced and usually continue running up immediatly after. Would you like some current examples ?

Sergio