SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (21790)12/6/1998 12:57:00 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Ike:

A good chart pattern for turnaround stocks with good upside potential has an upside breakthrough of a downtrending trendline...

IOM is an example of this:

iqc.com

Also note that MACD just turned positive and CCI is at the low end of its range... A review of the chart shows room to move to the 14.00 to 16.00 range... Fundamentally, CPQ is now advertising that they have Iomega Zip drives in their computer...

So, finding the right chart pattern plus a good and improving fundamental story makes a good combination for upward price movement probability...

Jim