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


To: Sergio H who wrote (10936)12/2/1998 9:16:00 PM
From: Magnatizer  Read Replies (2) | Respond to of 29382
 
Sergio

I entered CNGR today (finally). I agree about the news.

CNGR magnet update: 5.25 strong, 5.65 uptrend, 5.75 strong neutral zone, 5.885 uptrend, 6.25 strong, 6.4375 weak, 6.50 weak, 8.25 weak, 10.375 weak, 12.872 uptrend

CNGR is currently finishing up testing of the trendline which have defined its top in the last two runups it has had. Sep 97, May-June 98. I feel with the current improvement in the FA CNGR will likely break these trendlines and they will become very strong support.

Like entry around 5.75 strong neutral zone.

If someone wishes to plot the trendlines I am referring to use the following dates and connect the lows

12.4.96 to 1.27.97
1.27.97 to 2.20.97

Thanks Cary

ht
david



To: Sergio H who wrote (10936)12/2/1998 10:57:00 PM
From: Cary C  Read Replies (1) | Respond to of 29382
 
>>what is the APCO news ?<<

For those wondering what moved APCO today... Robinson-Humphries came out and changed their short term ( 6 months )price target from $12 to $13. At the time I believe APCO was at 9.125. This would result in a 40%+ gain in less than six months.

Cary

Sergio probably paid them to say in hopes of getting APCO to $11 before AKLM! lol... Looks like it just might work.