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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: shasta23 who wrote (42827)6/3/1999 5:33:00 AM
From: Jenna  Read Replies (1) | Respond to of 120523
 
MACR sorry for late response.. now Stefan you questioned MACR on Wednesday at 2 a.m. and now it is Thursday and 5:26 a.m.. Yes I was waiting for a trend reversal on MACR and it came 'made to order' on Wednesday afternoon. Now both OCLI and EFII closed at mid range of their intraday high and could trigger on Thursday or Friday. Strong stocks like OCLI, EFII, MACR should be 'grabbed' right on their first rebound after what is usually a 2-5 day pullback. You can add GMST and DISH to that list as well. These are the 'bounce off the 7 day or 10 day' moving average plays.. In the case of MACR it had a 10, 21, 30 and 50 day moving average breakout. So that was pretty much an 'all around' breakout for that one.