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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (2963)7/22/1998 8:09:00 PM
From: Bo Murphy  Read Replies (1) | Respond to of 3563
 
My limited analysis of CADE (I'm certainly no pro, but the information age helps.):
Bollinger Bands- Almost as tight as they were before the run up from 2.50 to nearly 4.50.
Commodity Channel Index: Buy signal
Insider Trading: There is some insider selling going on here, but you will notice if you go to this link- tscn.com
that during the run up from under $2 to $3.90 there was even more insider selling than there is now. I do think, however, that the insiders who are selling possibly sold into the earnings news to counter the otherwise downward pressure their selling would have created.
MACD is still a buy from about a week ago.
Momentum broke to the positive about a week ago and is still looking good.
CADE is currently above its 20, 50, and 200 day moving averages.
On Balance Volume chart for a year is at about $3.85 and in the last year CADE has always eventually been pulled up to its On Balance volume level.
Stochastics has given two buy signals without a sell signal. One around the middle of last month and another just the other day. (Here's a link to that: tscn.com
Wilder RSI hasn't given a sell signal since mid-May and isn't even close to giving one now.
With all this plus 100% increases on the fundamental side, we should all factor in the performance of the market as a whole today before making a hasty sell decision.