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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: Northern Cougar who wrote (23259)1/28/1999 12:35:00 PM
From: Jenna  Respond to of 120523
 
ASDV I put a protective stop at 28 which I still have. I know we have volatility in this stock and not a good chart but you do have a chance for a turnaround even more. Stochastics are oversold and with a report today after the close it could be a spurt for the stock. Unfortunately this is perhaps one of the more risky technology stocks to hold through earnings (and conversely the most exciting) and it's not quite as clean as BOBJY,SEBL (both exploding in the last trading sessions) was but we are talking about a strong quarter forecast. I would have liked ASDV to exhibit more upswing today and even had a feeling it would break resistance of 32 1/2.

I do call the closing of long positions most of the time but it gets buried in the market gems archives. What I don't call are price targets because I vacillate from swing trades to position trading that my targets are usually moved forwards as the stock makes further and further gains (MSPG). Sometimes I keep the position (RFMD) for weeks so I just hold it in my stock portfolio where it remains until I sell after it no longer is in my watch lists.