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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (4014)4/8/1999 11:04:00 PM
From: Jibacoa  Read Replies (2) | Respond to of 13094
 
Looking at some of those charts all IMHO:

FCLX: Has had a good run since it broke up from 3 two days ago.Made a new all time high on closing above 3 3/8. It's run is impressive percentage wise coming from the 1 level last year.

STBI: Has made almost a straight line up coming from the up gap on April 1st at the 7 3/4 level. It seems to be pausing up a little after closing above last January's high of 9 5/8. It seems is getting ready to break the long-term downtrend coming from 1997's highs in the low 30s. To me it seems is going to test the downside gap in early 1998 around 15.

ADRN: Getting ready to close above April 4th intra-day high around 7 1/8. It certainly has had a tremendous up-run coming from the Dec-Jan level around 0.50 !!

TRO: It had an impressive 3 day run last November from 2 3/8 to 7. Closing now above the Jan-March high of 3 5/8.

CEA: Is getting close to the long downtrend line coming from the mid-30s in 1997. Has had up-gaps on March 22, April 2 and today. It seems ready to test March 23rd high around 7 3/8

APB: Closed above last November highs and has been gaining momentum since April 6. It is still well below the longterm downtrend coming from the late 1993 highs around 27

GEM: After the triple-top in the last quarter of 1994 around 30, it dropped to 6 by early 1995. (It dropped fast from the 22 level in December 1994) The 1997 recovery high was around 17. The price is still below the downtrend coming from the 1997 high and even more so below the downtrend coming from 1994's highs. It seems, however, that it may test the resistance around the 11 3/4 to 14 level.

Good luck, and have a good day.