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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?


To: Buckfa who wrote (5974)6/13/1998 6:18:00 PM
From: Doug R  Respond to of 7054
 
Sorry about that Buckfa,

It looks like ACRT will remain in a trading range for a while here until it can get above the 89 dMA and find support on it. Then I'll look for the 89 day moving linear regression line to cross above the 89 dMA as the signal that ACRT has enough accumulation behind it to start moving back over 20. This could take anywhere from 1 to 3 mos. For the very short term, I wouldn't rule out a jump to nearly 16 from here. That would test the 89 dMA and bring the MLR into tighter tracking. Things are still shaping up nicely but there's some more work to do.

Doug R