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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (12315)7/30/1998 10:32:00 AM
From: Jenna  Respond to of 120523
 
e-mail: AMD, CCMC, CPU, QUST
chart was awful before today. It's a case of how low can you go? It was oversold resistance at 17 5/8. Could be good today for a swing trade. Only good thing I saw coming into today was volume indicators hinted at more accumulation which turned out to be so. Lots of stocks are now moving out of sheer momentum.

CCMC.. another horror in TA that moved today. Almost the same situations as AMD. volume indicators were the only positive indication of a reversal. Resistance now at 23 1/4. I wouldn't hold either CCMC or AMD indefinitely.

CPU...
This one is another story. MACD was bullish going into today and relative strength was bullish. The chart has already turned around and stock was under ACCUMULATION befoare today. Support is at 16 and Stochastics are still oversold. I would like this for a short term or intermediate hold. Funny that MHWS, PCCC and CPWR (on my watch lists) are doing so well, no reason that CPU (who also has a mail order dept) and a really good store won't improve by next quarter.

QUST..
I've seen that one before and you picked the right time for it. I was concerned about earnings and about the small volume. I think this is definitely a good growth stock for a long term/intermediate hold. It's headquarters are right near me. Notice that other small companies are 'breaking out' and beginning to do well. BEBE, PCCC. There comes a time when these little ones become 'bigger ones'. Could follow in the steps of both BEBE and PCCC



To: Jack of All Trades who wrote (12315)7/30/1998 10:36:00 AM
From: Mr. Jens Tingleff  Read Replies (1) | Respond to of 120523
 
QUST - How about the warrants <eom>