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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: Andy Milleret who wrote (18329)	11/10/1998 12:21:00 AM
From: Jenna	Respond to of 120523

BKE.. it's simply a matter of risk/reward balance change. When I entered BKE, the chart was just beginning to improve and the stochastics were not overbought. What I fear now is a trend reversal even at the same time as the stock is still trending positively. Relative Strength is still bullish but the when more than one indicators come to overbought situation the less the odds are in your favor of having another 'pop' right after earnings. BKE is now in a definite "uptrend" and "could" give more, but its MACD histogram is going through the roof same as the stochastics.. Perhaps it is a subjective evaluation because I am personally in BKE for nearly a week and I've reached my own target price.