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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: jfhh who wrote (29068)3/23/1999 2:28:00 PM
From: Jenna  Read Replies (2) | Respond to of 120523
 
#4 03/24 Earnings. had a stochastic and wilder negative breakout today, The fact that #4 finally pulled back is a good sign.. Just look at the MACD Histogram on this chart! I'd say if the stock was a buy before today that its even stronger AFTER the pullback. You don't have to contend with an overbought stock and now its yet another 2 points away from its 52 week high. This is also and undervalued growth stock with 17% earnings growth estimated next 3-5 years. Value indicator have its value at $40 a share.

It looks like a retreat in the midst of an uptrend. This is similar to BMET in that you want this one to pullback because it's been on an excellent run. I like it now, but of course its my opinion.