Thursday, April 07, 2005

Longs

DIOD 4 month cup with handle breakout on heavy trade. DIOD has some flaws like heavy trade within its base but the high volume strong price moves in February and tight price action in the base is very bullish

WPPGY nice bounce off the 50 dma on heavy trade. A lot of accumulation on this chart past 8 months and beautiful BOP (until just a short while ago but it looks like it is going to change) on tc2000.

ZOLT is resuming its previous uptrend with a high volume move over its 50 dma.

HET has made a high volume move over 50 dma. It would be a nice long with a pullback. A cut loss with a move below 50 dma is recommended due to the inconspicuous chart pattern.

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