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Microcap & Penny Stocks : HIPC - up 20% (Record 4th quarter projected) -- Ignore unavailable to you. Want to Upgrade?


To: Wade who wrote (151)5/9/1999 1:43:00 PM
From: Bwe  Read Replies (2) | Respond to of 213
 
Hi Wade,
HIPC's p&f chart remains in a bullish pattern, however, watching paint dry is more exciting than HIPC's recent price movement. No changes in weeks on HIPC's p&f chart, however, there has been a retreat in the stock's RS (relative strength) over the past 30 trading sessions. With Oil and related stocks doing well and the smaller stocks doing better, I find it a bit curious that HIPC's stock price is lagging. All things in their own time I guess.
HIPC remains in Bearish Signal Reversed pattern on it's p&f chart and has broken it's long term downtrend line. This pattern and the upside break of it's Bearish Resistance Line are bullish point & figure chart events. The chart, however, has remained unchanged since March. A move to $2.75 would show additional bullish strength.

Best to all,
Bruce