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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Caroline who wrote (2421)12/12/1998 9:17:00 AM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
Caroline,

Back to my idea of the 200d MA. I've owned DRI for a while, but this chart really shows how the 200d can serve as support, and the nice resulting move of 15% in the past 2 weeks.

DRI
timely.com

It's also noteworthy that price made a perfect 50% retracement to hit the 200d and bounce.

I'm still watching about 6-7 symbols that came through a breakout scan I ran last week. I pulled them from a bigger list, but these are the ones that were above their 200d when the signal appeared. Some are up, some not. Here they are, if anyone cares to peek:

ADPT, ATMI, ATML, EGLS, KLIC, ZILA. Also watching KERA (I like it).

Jot these symbols down, then click on the timely chart above. When you get there it's easy to just punch in these symbols and they'll appear on my template.

Ken