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

To: James Strauss who wrote (14446)	3/11/1999 11:26:00 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

Jim, I should have been more complete in the TA of AXAS The short term 15 min. 120 day charts has the fast cross over of the slow stoch. Coupled with the upturn in the RSI toward the 50 line off of the 0 line. MACD is rising with the signal line turning up toward the 0 line also. Momuentum is a very sharp upturn. The longer 60 min charts 120 day period show that the stock needs to correct just a little due of the break out from 1.25. RSI is turned down here with the stoch's also in a down turn mode. Momentum is slower here for this period also. The Daily 120 period is the chart that caught my eye the most. MACD gave a buy signal as did the upturn, about to cross over of the stoch's. Volume has increased for this period also. My plan would be for a buy in the 1 7/8 area for a move to the 3 area test....how am I doin? Ken